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Daily (14.12.2023): Forward gas prices traded higher on Wednesday as colder weather forecasts counterbalanced ample supply

On Wednesday, oil prices rebounded, supported by a decline in US crude inventories and a more relaxed tone from the Federal Reserve. As a result, Brent crude ended at $74.26, and WTI crude settled at $69.47 per barrel, with both contracts recording gains of over 1%.

read more... 14/12/2023

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EU ministers to agree energy measures extension

EU ministers are likely to approve the prolonging of several emergency energy measures, including a gas price cap, by at least a year at a meeting next Tuesday, said a senior diplomatic source on Tuesday.

read more... 13/12/2023

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Daily (12.12.2023): European carbon prices hit a 14-month low on Monday, driven by falling gas prices

On Monday, oil prices saw a modest increase as investors were cautious in anticipation of a week filled with market reports and decisions on monetary policy. As a result, Brent crude closed slightly above $76, while WTI crude ended at $71.32 per barrel.

read more... 12/12/2023

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EU to give member states authority to halt Russian gas imports

The European Union is poised to give its member states the power to halt gas imports from Russia and Belarus, the Financial Times reported on Friday.

read more... 11/12/2023

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EU strikes deal on new hydrogen grid supervisory body

EU legislators on Friday (8 December) struck a political agreement on the final piece of the Union’s hydrogen policy, establishing a grid planning body that will gradually become independant from existing gas network operators.

read more... 11/12/2023

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