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Daily (14.06.2019): Oil prices hiked by 2.2% on Thursday, due to conflict in the Gulf of Oman
Crude oil prices rose on Thursday, after two oil tankers were attacked in the Gulf of Oman stoking fears of a new conflict between Iran and the United States, the latter blaming Tehran for the incident. As a result, Brent crude increased by 2.2% to $61.31 a barrel, while WTI futures closed 2.2% higher at $52.28 a barrel.
read more... 14/06/2019
France awards 516 MW of onshore wind in latest tender round
The French government has selected 516 MW of winning projects in its third onshore wind tender, it announced on Wednesday.
read more... 14/06/2019
Pair of Qatari LNG cargoes heading for Zeebrugge
The Fluxys-operated Zeebrugge liquefied natural gas terminal in Belgium booked a pair of cargoes of LNG from Qatar.
read more... 14/06/2019
Britain's SSE plans to shut its last coal-fired plant by March 2020
British energy supplier SSE Plc plans to shut its Fiddler’s Ferry coal-fired plant in northwest England by March 2020, saying the loss-making plant could not compete with more efficient gas and renewable energy options.
read more... 14/06/2019
Daily (13.06.2019): WTI futures lost 4% on Wednesday, due to rising crude inventories and weaker demand outlook
Crude oil prices tumbled on Wednesday, amid higher U.S. crude inventories and poorer demand outlook. US-China trade negotiation also weighed on prices. As a result, Brent crude plunged by 3.7% to $59.97 a barrel, while WTI futures lost 4% to settle at $51.14 a barrel.
read more... 13/06/2019