On Monday, oil prices fell on Monday as concerns about heightened tensions in the Middle East were balanced out by the liquidation of China's major real estate developer, perceived as a discouraging indication for demand. As a result, Brent crude settled 1.4% lower at $82.40, while WTI crude dropped by about 1.6% to stand at $76.78 per barrel.
read more... 30/01/2024
New York State said on Friday it received bids to supply power from three offshore wind projects in its expedited fourth solicitation that allowed developers to exit old contracts and re-offer projects at higher prices.
read more... 29/01/2024
Oil prices closed higher on Friday following an attack on a British tanker by Yemeni Houthi rebels, reigniting concerns about potential disruptions to Middle Eastern oil supplies. Consequently, Brent crude settled 1.4% higher at $83.55, while WTI crude ended at $78.01 per barrel, marking around a 1% daily gain.
read more... 29/01/2024
Oil prices rose to their highest level since early December on Thursday, driven by encouraging economic data from the U.S. and stimulus actions in China. As a result, Brent crude ended at $82.43, while WTI crude closed at $77.36 per barrel, with both contracts jumping by about 3%.
read more... 26/01/2024
Electricity prices on the EU wholesale market have been on a downward trend in recent months, a development some governments see as an opportunity to remove subsidies introduced in response to the energy crisis, while others see as a bad signal for the energy transition.
read more... 26/01/2024