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Daily (06.11.2024): Oil prices rose modestly on Tuesday ahead of US election results
Oil prices rose slightly on Tuesday as markets awaited the outcome of the U.S. election. Brent crude edged 0.6% higher, closing at $75.53 per barrel, while WTI crude increased by 0.7%, ending the day at $71.99 per barrel.
read more... 06/11/2024
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UK energy system operator recognises role of nuclear
Nuclear will play an important role in the UK achieving a clean power system by 2030 and beyond with life extensions for the current fleet and a new generation of nuclear plants, according to independent energy system planner and operator, the National Energy System Operator (NESO).
read more... 06/11/2024
Cost of producing hydrogen in Iberia to halve by 2035
The cost of producing green hydrogen in Iberia was set to more than halve to around EUR 5/kg by 2035-40, from EUR 10-11/kg currently, an analyst with Aurora Energy Research said on Tuesday.
read more... 06/11/2024
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OPEC+ Delays Cut Rollback as Big Oil Production Hits Highs
While the OPEC+ group is trying to manage oil supply to the market, the world’s largest international oil companies are raising their production, with the U.S. supermajors hitting record highs.
read more... 06/11/2024
Daily (05.11.2024): Oil prices climbed by about 3% on Monday, supported by OPEC+ production delay coupled with Iranian threats against Israel
Oil prices rose by around 3% on Monday due to OPEC+ delayed planned production increases, combined with heightened tensions following Iranian threats against Israel. Brent crude closed at $75.08 per barrel, while WTI crude ended the day at $71.47 per barrel.
read more... 05/11/2024