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Daily (14.11.2024): Oil prices recovered on Wednesday as U.S. price index supported expectations of continued monetary easing
Oil prices rebounded on Wednesday, buoyed by a U.S. price index that did not challenge the assumption of ongoing monetary easing, which continues to support demand for crude oil. Brent crude closed at $72.72 per barrel, while WTI crude ended the day at $68.43 per barrel, both gaining around 0.5%.
read more... 14/11/2024
Germany to mandate open market sales for new wind, solar plants
Germany's cabinet on Wednesday approved plans to require most operators of new wind and solar power plants to sell their electricity independently on the open market, aiming to better integrate renewables into the country's energy system.
read more... 14/11/2024
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French power exports set for 22-year high in 2024 on plentiful supply
France's power exports could reach their highest in more than two decades this year, given plentiful gas stocks for coming winter months and high availability at both nuclear and gas power plants, French grid operator RTE said on Wednesday.
read more... 14/11/2024
Denmark and the Netherlands press ahead with green hydrogen cluster plans
Danish green hydrogen producers and Dutch industrial market players have reiterated their commitment to developing a green hydrogen cluster in Northwestern Europe and welcomed a new partner to this initiative.
read more... 14/11/2024
Daily (13.11.2024): British gas prices rose on Tuesday, driven by concerns over supply tightness in the next year
Oil prices saw a slight uptick on Tuesday, though concerns over a sluggish demand outlook from China and the potential for oversupply in the coming months kept the market cautious. Brent crude closed at $71.89 per barrel, while WTI crude ended the day at $68.12 per barrel.
read more... 13/11/2024