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Daily (03.10.2024): British gas prices fell on Wednesday as strong fundamentals outweighed geopolitical tensions
Oil prices rose slightly by 0.4 % on Wednesday as ongoing tensions between Iran and Israel kept markets on edge. Brent crude closed at $73.90 per barrel, while WTI crude settled at $70.10 per barrel.
read more... 03/10/2024
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France to stick with wind power development targets
France is aiming for a target growth rate of 1.5 gigawatts (GW) per year in onshore wind power, Energy minister Olga Givernet said on Wednesday, which would be in line with the previous government's renewable energy policy goals.
read more... 03/10/2024
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Global gas demand to hit record high in 2024
The International Energy Agency (IEA) expects global gas demand to rise by 2.6% this year to a record 4,200bcm as Asia’s appetite for the fuel surges, and despite a marginal decline in European consumption.
read more... 03/10/2024
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French minister rules out additional tax on power plants
France’s budget minister has ruled out a new tax on power plants next year, although he would “work with the energy companies… on a one-off contribution” to help the country reduce its budget deficit.
read more... 03/10/2024
Daily (02.10.2024): Oil prices rose by over 2% on Tuesday amid escalating tensions in the Middle East
Oil prices surged by over 2% on Tuesday after Iran launched missiles at Israel, heightening tensions in the Middle East. Brent crude closed at $75.56 per barrel, while WTI crude gained settled at $69.83 per barrel.
read more... 02/10/2024