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(Daily 16.05.2022): NBP spot price rose by around 33% due to weaker LNG send-out

Concerns over a potential EU ban on Russian petroleum exports lent support to crude prices. Thus, Brent crude increased by 3.8% to $111.55 a barrel on Friday.

read more... 16/05/2022

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(Daily 13.05.2022): Gas prices have risen on supply concerns after a drop in Russian gas volumes

The Brent crude oil price stayed unchanged at $107.45 per barrel, as consistent Russian oil exports counterbalanced weaker Chinese demand.

read more... 13/05/2022

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Volkswagen boosts electric car investment in Spain to 10 bln euros

German carmaker Volkswagen AG and partners will invest 10 billion euros ($10.6 billion) to make electric vehicles and batteries in Spain, its chief executive said on Thursday, 3 billion euros more than it had previously committed.

read more... 06/05/2022

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German-funded consortium to develop 'battery passport' for Europe

A German-funded consortium of carmakers and battery producers, including BMW, Umicore and BASF , is to develop a "battery passport" that traces the content and carbon footprint of batteries in Europe, Germany's economy ministry said on Monday.

read more... 26/04/2022

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Daily (22.04.2022): Oil prices soared on Thursday due to Germany’s plans to cut oil imports from Russia by the end of 2022

Oil prices rose on Thursday, due to weaker Russian output and Germany’s plans to eliminate oil imports from Russia. Consequently, Brent crude increased by 1.4% to $108.33 a barrel. U. S. WTI Crude rose by 1.5% to $103.79 a barrel.

read more... 22/04/2022

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