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Daily (25.10.2021): Oil prices rose by over 1% on Friday, on bullish demand and low supply

Crude oil prices rose on Friday, supported by continued strong demand and limited supply. Thus, Brent oil increased by 1.1% to $85.53 a barrel and WTI crude gained 1.5% at $83.76 a barrel.

read more... 25/10/2021

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Italy urges EU to start work now on joint gas storage plan

Italy has urged the European Union to start work immediately on a plan to create a joint storage system for strategic gas reserves, Prime Minister Mario Draghi said on Friday.

read more... 25/10/2021

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The Dutch Government Is Gambling Billions On Green Hydrogen

The future of green hydrogen looks very bright, with the renewable energy source becoming something of a media darling in recent months.

read more... 25/10/2021

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‘World’s largest’ floating wind farm starts injecting green electricity into Scotland’s grid

Scotland’s grid has started receiving green juice from what is described as the world’s largest floating windfarm.

read more... 25/10/2021

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Daily (22.10.2021): European front-year power contrats slumped on Thursday amid softer gas

Crude oil prices retreated on Thursday, taking a breather after hitting their multi-year highs amid forecasts of a warm U.S. winter and concerns about the effect of coronavirus pandemic restrictions on global economic recovery. However, prices remain elevated as the energy supply crisis persists. Hence, Brent crude fell by $1.21 or 1.4% to $84.61 a barrel. U.S. WTI crude settled down 92 cents or 1.10% to $82.50.

read more... 22/10/2021

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