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Daily (26.01.2022): Brent crude rose by more than 2% amid persisting geopolitical tensions and supply concerns
Geopolitical tensions sent crude prices higher amid an already tight oil market. Threats to infrastructure in the United Arab Emirates and struggles by OPEC+ to hit its targeted monthly output increase lent additional support to prices. As such, Brent crude rose by 2.2% to end at $88.20 a barrel. At the same time, WTI crude price increased by 2.8% to settle at $85.20 a barrel.
read more... 26/01/2022
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UK Plans More Power Capacity To Avoid Outages Next Winter
The UK looks to prevent power outages next winter season by setting a higher target for the 2022/2023 power capacity auction than the one recommended by grid operator National Grid Plc.
read more... 26/01/2022
Investor clash on gas and nuclear muddies EU green finance drive
European efforts to reach a common definition of sustainable investments risk fragmenting the market they aimed to unify, as investors are deeply divided over which energy sources should count as green.
read more... 26/01/2022
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Germany supports gas in EU green label row
The German government this weekend reiterated its opposition to include nuclear energy in the EU's green finance taxonomy, while it called on the European Commission to amend rules for the inclusion of natural gas as a transitional fuel.
read more... 26/01/2022
Daily (25.01.2022): Gas prices soared by more than 18% on Monday, amid increasing concerns of a military conflict between Russia and Ukraine
Crude oil prices continued to fall on Monday, due to an upwards correction on stock markets, as well as a stronger US dollar. Thus, Brent oil lost 1.8% at $86.27 a barrel and WTI crude dropped by 2.2% to $83.31 a barrel.
read more... 25/01/2022