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Daily (30.12.2020): Gas prices surged on Tuesday, boosted by forecasts for lower temperatures
Crude oil prices edged higher on Tuesday, supported by an improved US economic stimulus plan. Despite concerns regarding demand for black gold, Brent oil gained 0.5% at $51.09 a barrel, while WTI crude ended 0.8% higher at $48.00 a barrel.
read more... 30/12/2020
Wind energy powers more than half of UK electricity for first time
The percentage of wind power in the country's energy mix hit a record 50.67 percent on Saturday, the company said over the weekend, beating the previous record of 50 percent in August.
read more... 30/12/2020
Enel grid connects 100MW Spanish PV duo
Enel Green Power Espana has completed the construction of the Las Corchas and Los Naranjos solar farms in Spain with a combined capacity of 100MW.
read more... 30/12/2020
Johan Sverdrup crude loadings to hit new record
Record-high loadings of the North Sea's largest crude grade, Johan Sverdrup, will help offset a drop in exports of the region's benchmark crudes in February.
read more... 30/12/2020
Daily (29.12.2020): The energy markets on a front foot on Monday despite slightly lower oil prices, with investors back to the market after a Christmas break
Oil prices retreated on Monday as worries about looming new supply from OPEC+ and a weak demand a on the back of a new aggressive strain of the coronavirus overshadowed the positive news of the passing of a US stimulus package. Hence, Brent crude fell by 43 cents, or 0.84%, to settle at $50.86 a barrel. At the same time, U.S. WTI crude settled at $47.62 a barrel, declining by 61 cents, or 1.26% day-on-day.
read more... 29/12/2020