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Daily: Crude oil prices hit the highest level in three-weeks ahead of OPEC meeting
Crude oil prices soared 4 percent to hit a three-week high on Monday, spurred by growing hopes that major oil producing countries would agree next to curb output. Brent crude futures closed at $48.90 a barrel, up $2.04, or 4.4 percent, after having briefly touched $49 a barrel during the session. U.S. West Texas Intermediate (WTI) rose 4 percent to end at $47.49 a barrel, up $1.80, after hiking as high as $47.80.
read more... 22/11/2016
France will increase grid fees to fund energy transition
French regulated electricity tariffs are likely to raise next year as grid operators will be allowed to increase network usage fees to back the country's energy transition, as stated by the energy regulator CRE on Monday.
read more... 22/11/2016
SSE does not plan to increase energy prices this winter
SSE has announced it won’t be raising standard household energy prices this winter.
read more... 21/11/2016
Daily: Oil contracts up 5% for the week on OPEC revived hopes
Crude oil price ended higher on Friday, closing out a bullish week for crude oil, spurred by growing expectations that OPEC will find a solution to limit production at the end of the month. Brent crude rose by 37 cents, or 0.8 percent, to settle at $46.86 per barrel, posting its first weekly increase in five weeks. U.S. West Texas Intermediate crude climbed 27 cents, or 0.6 percent, for the day, to close at $45.69 a barrel. It posted its first weekly increase in four weeks. For the week, Brent and U.S. crude both rose roughly 5 percent.
read more... 21/11/2016
Canada: Saskatchewan aims 200MW of wind energy
The Canadian province of Saskatchewan estimates to issue a call for approximately 200MW of wind energy at the beginning of 2017.
read more... 21/11/2016