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Daily (13.08.2021): Oil prices took a breather on Thursday amid fading expectations that global oil demand will outstrip supply
Oil prices steadied on Thursday after the International Energy Agency (IEA) said the spread of the Delta variant of the coronavirus would slow the recovery of global oil demand. Hence, Brent crude slipped by 0.2% to settle at $71.31 a barrel. U.S. WTI crude lost 0.2% to end at $69.09 a barrel.
read more... 13/08/2021
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Spain says EU rejects request to change power pricing mechanism
The European Commission has rejected a Spanish request to change the rules that underpin member states' electricity markets as power prices in the country hit record highs, Spain's Energy and Environment Minister Teresa Ribera said on Thursday.
read more... 13/08/2021
Swiss government rejects post-2050 fossil fuel ban
The government suggested toning down the demands made in an environmentalists' petition for referendum, the so-called glacier initiative. The initiative calls for a ban on marketing fossil fuels in the country after 2050 to be enshrined in Switzerland's constitution, and for carbon storage counting towards Switzerland's climate target to be restricted to its domestic territory.
read more... 13/08/2021
Daily (12.08.2021): European carbon prices closed near record high levels on Wednesday, lifted by bullish energy markets
Oil prices strengthened on Wednesday, on investor hopes for more demand recovery, as well as optimism over global economic recovery. As a result, Brent oil rose by 1.2% to $71.44 a barrel and WTI crude gained 1.4% to settle at $69.25 a barrel.
read more... 12/08/2021
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Defuelling completed at Leningrad 1
Decommissioning of the RBMK reactor at Leningrad 1 has reached a milestone with the removal of all fuel from the reactor core. Rosenergoatom plans to use some of the fuel in the two RBMK reactors which remain in operation at the Leningrad site.
read more... 12/08/2021