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Daily (17.12.2019): German spot power skyrockets 58% on stronger consumption outlook
Crude oil futures slightly increased on Monday after reaching a three-month high on Friday, as the traders have taken a wait-and-see attitude. The U.S. and China have reached phase one of their trade agreement after 18 months of political tension. Brent crude for February delivery rose by 12 cents, or 0.2%, to settle at $65.34 a barrel, while WTI crude for January delivery added 14 cents, or 0.2%, to close at $60.21 a barrel.
read more... 17/12/2019
Daily (25.11.2019): German spot power price down about 30% on Friday on lower consumption expectations
Crude oil prices retreated from two-month highs on Friday, dragged down by uncertainty over U.S.-China trade talks, shading expectations for an extension to production reductions by OPEC and its allies. Brent crude for January delivery lost 58 cents or 0.9% to settle at $63.39 per barrel, posting a slight gain for the week. The WTI crude fell by 1.4% to close at $57.77 per barrel.
read more... 25/11/2019
Renewables cover record 44% of Northern Ireland's power demand in 12 months
Renewable energy sources in Northern Ireland met 44% of the country’s total power consumption in the 12 months to June 2019, setting an all-time record, new statistics show.
read more... 09/09/2019
Romania - one of largest lignite producers in EU
Lignite consumption in the European Union has halved in recent decades, reaching 370 million tonnes in 2018 from about 700 million tonnes in 1990, Eurostat figures show on Friday.
read more... 27/08/2019
Global oil consumption stagnates leaving prices under pressure
Global oil consumption has stalled since the middle of 2018, making lower oil prices inevitable despite the best efforts of Saudi Arabia and its allies to reduce production.
read more... 24/07/2019