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French power group EDF sees 2020 earnings at lower end of forecasts
French state-controlled power group EDF
read more... 23/03/2020
Daily (23.03.2020): Carbon prices dropped by over 26% on a weekly basis on Friday, due to increased coronavirus concerns
Crude oil futures extended losses on Friday, being on track for their biggest weekly decline in 12 years, on worries about the coronavirus pandemics that slowed down global economies and curbed oil demand. The failure of coordinated output cuts by producers from the OPEC and others including Russia, also put pressure on prices. Hence, Brent crude plunged by 5.2%, to settle at $26.98 a barrel. At the same time, WTI futures tumbled by 10.3% to $22.63 a barrel.
read more... 23/03/2020
Daily (20.03.2020): Oil prices regained ground on Thursday after significant declines, supported by stimulus measures
Crude oil futures rebounded on Thursday, buoyed by supportive measures from centrals banks and governments to combat the economic fallout from the coronavirus pandemic .Moreover, Trump administration reportedly said it may intervene in the oil-price war between Saudi Arabia and Russia. However, analysts consider the climb more symbolic, rather than a clear signal that prices are ready for a sustained rebound.
read more... 20/03/2020
Total buys French onshore wind developer with 1-GW portfolio
Total Quadran, the French renewable power production unit of Total SA, has taken over Global Wind Power (GWP) France, which holds an onshore wind project portfolio amounting to 1,000 MW.
read more... 20/03/2020
German front-month power hits 18-year low on virus crisis
The German April power contract traded at the lowest for a front month in 18 years amid continued worries that the spread of the coronavirus will further erode demand.
read more... 20/03/2020