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Daily (05.09.2017): Brent price down by 0.8% on Monday, while WTI crude up amid reviving U.S. refineries
Brent price fell on Monday, after North Korea detonated a hydrogen bomb sparking a powerful 6.3 magnitude earthquake, 'escalating' nuclear crisis. This triggered a shift away from crude markets to assets perceived to be safer, such as gold. Brent crude edged $0.41, or 0.78% lower at $52.34. Meanwhile, the WTI had an opposite trend, growing by 0.23% to settle at $47.40 a barrel, as U.S. refineries that use crude to make fuel were gradually starting up again, along with the pipelines transporting products. This is a potentially bullish development for the WTI crude oil.
read more... 05/09/2017
Overhead powerlines to be implemented into the Autobahn for freight cars
A new powerless project for freight cars is being developed by Siemens for the German Autobahn. The eHighway project aims to boost the viability of freight cars in a real-world environment.
read more... 15/08/2017
Daily (12.06.2017): EU carbon prices posted a 2.3% week-on-week loss
Oil prices slightly increased on Friday, after steep declines previously during the week, mainly due to increased buying activity among traders, who have taken long positions after closing their prior positions earlier last week. Brent crude for August delivery added 0.61% to settle at $48.15 a barrel on the London ICE Futures Exchange, while the West Texas Intermediate for July delivery increased 0.19 U.S. dollar to settle at $45.83 a barrel on the New York Mercantile Exchange.
read more... 12/06/2017
Moscow confident that Hungary could join Nord Stream, Turkish Stream
Moscow does not exclude that Hungary could join Nord Stream and Turkish Stream gas pipelines, declared Yuri Ushakov, assistant to Russia’s President on the eve of Putin’s visit to Budapest.
read more... 02/02/2017
EDF ups production at two nuclear reactors
French state-controlled utility EDF is boosting production at its 900 megawatt (MW) Gravelines 2 and Tricastin 3 nuclear reactors on Tuesday.
read more... 27/12/2016