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Daily (27.03.2020): Crude oil fell on Thursday after three sessions of gains due to massive jobs claims in the U.S. and weak fuel demand
Crude oil futures fell on Thursday after three consecutive sessions of gains, due to the explosion in the number of jobless claims in the United States and a collapse in demand for black gold.
read more... 27/03/2020
Daily (26.03.2019): Carbon prices recovered by 4% on Wednesday, as U.S intends to launch a massive financial stimulus to support economy
Crude oil prices added slight ground on Wednesday, as the United States may vote on a $2 trillion stimulus package to support the economy due to the coronavirus pandemic. Brent crude traded 0.9% higher at $27.39 a barrel. In the same context, WTI futures rose by 2% to $24.49 a barrel.
read more... 26/03/2020
Lovech in Bulgaria to renew public lighting in EUR 596 million project
MPEnergi from Norway is about to replace 4,483 street lamps with LED technology and install management software and equipment. The municipality northeast of the capital of Bulgaria is counting on cofinancing from the EU’s EEA Grants for the modernization of its public lighting and a small solar power plant.
read more... 26/03/2020
China buys record volume of Russian oil as European demand dives: traders
China is buying a record 1.6 million tonnes of Russian oil for loading at sea over the next four weeks, taking advantage of rock bottom prices for Russia’s flagship Urals grade combined with a collapse in demand in Europe, traders said on Wednesday.
read more... 26/03/2020
Iberdrola mulls sale of 40% stake in Wikinger offshore wind farm - report
Iberdrola SA (BME:IBE) is looking to sell a stake of around 40% in the 350-MW Wikinger offshore wind farm in the Baltic Sea, Spanish business newspaper Expansion has reported citing sources close to the transaction.
read more... 26/03/2020