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Daily (20.10.2020): Colder weather and stronger LNG prices supported front-month British gas prices at the beginning of the new week
Crude oil futures continued to slip on Monday as the OPEC+ panel has made no new policy proposals from January 2021. Moreover, a resurgence of the coronavirus in Europe and the U.S. threatened to hinder a recovery in demand. Consequently, Brent crude slipped by 31 cents, or 0.7%, to settle at $42.62 a barrel. U.S. WTI crude ended rather flat at $40.83 a barrel.
read more... 20/10/2020
UK companies call on government to support nuclear in COVID recovery
Nuclear - including advanced and small modular reactors - can play a positive role in helping to rebuild the post-COVID economy while also helping combat climate change, Urenco and U-Battery Ltd have said in a submission to the UK Business, Energy and Industrial Strategy (BEIS) Select Committee inquiry on post-pandemic economic growth.
read more... 15/10/2020
Daily (14.10.2020): Oil jumps by 2% on Tuesday, amid upbeat oil trade data from China offsetting returning supply
Crude oil prices rose on Tuesday, supported by upbeat oil trade data from China. However, forecasts for a slow recovery in global oil demand as coronavirus cases rise, and returning supply, limited gains. Consequently, Brent crude climbed by 1.8% to $42.45 a barrel. WTI futures added 2% to close at $40.20 a barrel
read more... 14/10/2020
EU Green Recovery plan could support 2.3 GW of Spanish solar project capacity
Three big projects are candidates for support from the Covid recovery plan laid out by the bloc.
read more... 16/09/2020
Daily (10.09.2020): German spot power price surged by around 30% on Wednesday due to weaker renewables generation
Crude oil futures soared on Wednesday as traders showed hopes for a steady recovery in global demand.
read more... 10/09/2020