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Daily (18.02.2022): Oil prices fell by about 2% on Thursday amid hopes of more Iranian oil supply

Crude oil prices corrected lower on Thursday amid signs of progress in talks in Vienna to resurrect the Iranian nuclear deal that could pave the way for more crude exports from Iran. Hence, Brent crude fell by $1.84, or 1.9%, to settle at $92.97 a barrel. U.S. WTI crude dropped by $1.90, or 2.0%, to settle at $91.76.

read more... 18/02/2022

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Daily (17.02.2022): European spot power prices dropped significantly on Wednesday, amid surging wind generation levels

Crude oil prices increased on Wednesday, amid renewed concerns over the Ukraine crisis due to widespread skepticism over the Russians’ actions. Nevertheless, gains were limited by an unexpected rise in weekly US crude stocks. As a result, Brent oil climbed by 1.6% to $94.81 a barrel and WTI crude rose by 1.7% to $93.66 a barrel.

read more... 17/02/2022

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Hydrogen production in Germany ‘at the ready’ and about to boom

The German economy and climate protection minister, Robert Habeck, has said hydrogen would soon establish itself as a key component of the energy transition, according to a report carried by Der Spiegel.

read more... 17/02/2022

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MEPs vote for faster offshore wind deployment

MEPs have voted to adopt the recommendations of a report to deploy offshore wind more quickly.

read more... 17/02/2022

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EC must refrain from EU ETS intervention

The European Commission must avoid intervening in the EU ETS until a full report on carbon market trading by the European Security and Markets Authority (Esma) is published, 10 industry bodies said in joint letter late on Tuesday.

read more... 17/02/2022

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