Oil prices ended slightly down but close to equilibrium on Tuesday. The market is eagerly anticipating the possibility of a ceasefire in the Middle East, yet optimism has waned somewhat following indications that the latest proposal may have faltered. Hence, Brent crude settled at $83.16 per barrel, and WTI crude was stable at $78.38 per barrel.
read more... 08/05/2024
The Italian government has approved a ban on the installation of new ground-mounted solar panels on productive farmland following a proposal by the agricultural ministry, it said late on Monday.
read more... 07/05/2024
Oil prices declined on Friday amid fears of weakening US demand following weaker-than-expected employment figures. Hence, Brent crude declined by about 1%, reaching $82.96 per barrel, and WTI crude similarly dropped by 1%, to settle at $78.11 per barrel.
read more... 06/05/2024
On Thursday, oil prices were rather stable following a significant decline the previous day. The market anticipation grew regarding the likelihood of the United States replenishing its strategic crude reserves due to these reduced-price levels. Hence, Brent crude edged 0.3% up at $83.67 per barrel, while WTI crude was rather stable to bearish at $78.95 per barrel.
read more... 03/05/2024
UK Power Networks Distribution System Operator (UKPN DSO) has launched a new scheme to allow almost 1GW of new power generation projects to receive fast-track connection to the UK grid.
read more... 02/05/2024