Latest news
Daily (17.01.2024): Gas and electricity forward contracts dropped on Tuesday amid comfortable supply levels, despite escalating tensions in the Middle East
Oil prices ended Tuesday with a mixed evolution as investors were cautious due to geopolitical tensions in the Middle East and amid a strong dollar. Hence, Brent crude advanced by about 0.2% to settle at $78.29, while WTI crude remained rather stable to bearish at $72.40 per barrel.
read more... 17/01/2024
Daily (15.01.2024): Gas prices rose on Friday due to supply disruption concerns
Oil prices extended gains on Friday amid escalating geopolitical risk in the Middle East. As a result, Brent and WTI crude rose by 1% to close at $78.29 and $72.68 per barrel respectively.
read more... 15/01/2024
Daily (12.01.2024): Carbon prices plunged to a three-week low on Thursday amid profit taking and bearish gas prices
Oil prices rose slightly on Thursday as tensions in the Red Sea outweighed rising stocks in the US. Consequently, Brent crude closed at $77.41, while WTI crude settled at $72.02 per barrel, both contracts rising by about 1%.
read more... 12/01/2024
.jpg){kind=spacer}
EDF plans new investment and extensions for UK nuclear fleet
EDF Energy has announced it will invest a further GBP1.3 billion (USD1.7 billion) in the UK's five operating nuclear power plants over the next two years and plans to further extend the lives of the four operating Advanced Gas-cooled Reactor (AGR) plants.
read more... 10/01/2024
.jpg)
German gas storage levy against EU law
The German storage levy charges a fee on all gas exiting the German grid, set at €1.86/MWh for January-June, with the aim of recouping money spent to purchase strategic reserves in 2022.
read more... 10/01/2024