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Daily (18.11.2024): Oil prices declined by over 2% on Friday due to a potential oversupply in the coming months
Oil prices declined by over 2% on Friday due to potential oversupply in the coming months. Brent crude closed at $71.04 per barrel, while WTI crude ended at $67.02 per barrel.
read more... 18/11/2024
Daily (15.11.2024): British gas prices hit a 1-year high on Thursday, amid supply concerns
Oil prices inched 0.4% higher on Thursday due to a technical rebound, with gains limited by the prospect of oversupply in the coming months. Brent crude closed at $72.56 per barrel, while WTI crude ended at $68.70 per barrel.
read more... 15/11/2024
France to agree on financing 6 new reactors by year end
The French government aimed to settle on a financing framework for the construction of six new generation nuclear reactors by year end, energy minister Olga Givernet told an upper house hearing late on Wednesday.
read more... 15/11/2024
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UK energy regulator approves $2.5 bln funding for new subsea cable
British energy regulator Ofgem has approved a 2 billion pounds ($2.5 billion) funding package to build nearly 200 kilometres (124 miles) of new subsea and underground cables linking Scotland to the north-east of England, it said on Friday.
read more... 15/11/2024
Lithuanian parliament adopts law to block Chinese access to solar, wind farm systems
The Lithuanian parliament adopted a law to block Chinese access to the country’s solar and wind farm systems, local media reported on Tuesday.
read more... 15/11/2024