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Daily (07.03.2025): British gas prices extended losses on Thursday due to milder weather and alleviated worries about supply
Crude oil prices rose slightly on Thursday, supported by sanctions on Iranian exports, tariffs on crude oil imports from Mexico and Canada, and the possibility of economic stimulus in China. Nevertheless, OPEC+'s decision to raise oil production for the first time since 2022 limited gains.
read more... 07/03/2025
Daily (06.03.2025): A rise in US crude stockpiles and the prospect of increased OPEC+ supply weighed on oil prices on Wednesday
On Wednesday, crude oil prices declined as markets reacted to the prospect of increased OPEC+ supply from April and concerns that a U.S.-led global trade war could hinder demand growth this year. Additional pressure came from a larger-than-expected rise in U.S. crude stockpiles due to seasonal refinery maintenance.
read more... 06/03/2025
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EU proposes keeping gas storage filling goals until 2027
The European Commission proposed on Wednesday retaining the EU's gas storage requirements and targets for two more years, despite concern among some countries that the goals are pushing up gas prices.
read more... 06/03/2025
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Germany's nuclear lobby says up to six reactors could restart
Germany's nuclear engineering lobby on Wednesday said up to half a dozen nuclear power stations could in theory be reopened despite closing in 2023 as a result of Berlin's decision to exit nuclear power, as the next government looks to secure cheaper energy.
read more... 06/03/2025
EU says it sticks to zero-emission car path to 2035
The European Commission said on Wednesday it would stick to its 2035 target that all new cars and vans sold in the European Union would no longer emit carbon dioxide and would also abide by its intermediate target for 2030.
read more... 06/03/2025