Crude oil prices moved sideways on Tuesday ahead of weekly U.S. supply reports expected to show a rise in crude inventories and ahead of OPEC+ meeting. Hence, Brent crude ended rather flat at $84.72 a barrel. U.S. WTI crude lost 0.2% to end at $83.91 a barrel.
read more... 03/11/2021
Crude oil prices increased slightly on Monday amid expectations that OPEC+ would stick to existing production quotas at their meeting on Thursday. Hence, Brent crude added 0.4% to settle at $84.71 a barrel. U.S. WTI crude ended at 84.05 a barrel, increasing by 0.6% day-on-day.
read more... 02/11/2021
Oil prices lost ground on Wednesday, following a larger-than-expected rise in crude stocks in the United States. Consequently, Brent crude decreased by 1.8% to $81.08 a barrel. WTI oil fell by 1.9% to $77.43 a barrel.
read more... 07/10/2021
Consumers in the UK and continental European are facing a growing price crunch for energy as wholesale electricity costs surpassed their highest ever level on Monday, boosted by low wind generation and the rally in natural gas to record heights.
read more... 07/09/2021
Poland's installed solar generation capacity doubled year on year to reach 5.5GW at the end of July, but its strong growth has raised challenges for the stability of the Polish power system, which continues to depend on less flexible coal and lignite-fired plants.
read more... 06/09/2021