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Daily (12.08.2022): EUAs soared to a six-week high on Thursday as energy markets continued to be robust and prices continued to set records
Oil prices rose on Thursday as a result of an increase in the International Energy Agency's forecast for this year's growth in oil demand as some consumers switch to oil due to rising natural gas prices. Consequently, WTI crude jumped by 2.6% to $94.34 a barrel and Brent crude increased by 2.3% to settle at $99.60 a barrel.
read more... 12/08/2022
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France to become net power importer after 20+ years
France looks set be a net power importer this year due to record low output at nuclear and hydropower facilities, an analyst said on Friday.
read more... 08/08/2022
Greeks pitch new electricity market model as fight over market reform intensifies
With the EU subject to record-breaking electricity prices, leaders have tasked the European Commission with working towards a reform of a system they consider failed in order to decouple gas prices from electricity prices.
read more... 29/07/2022
(Daily 08.07.2022): German and French front-year power at a new record high due to increasing gas prices
Oil prices recovered from significant losses the previous two days on Thursday despite persistent worries about a looming global recession. Thus, Brent crude soared by 3.9% to settle at $104.65 a barrel. WTI crude rose by 4.3% to $102.73 a barrel.
read more... 08/07/2022
Daily (06.05.2022): European forward electricity prices surged to record highs on Thursday amid a bullish energy complex
Oil prices increased slightly on Thursday, with the market continuing to digest the announcement from the European Commission that an EU ban on Russian oil is on the way. Consequently, Brent crude rose by 0.6% to $110.90 a barrel, while WTI crude added 0.4% to $108.26 a barrel.
read more... 06/05/2022