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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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Global nuclear power faces unprecedented challenges
The global nuclear industry is in dire straits as production hits its lowest point in four decades and economic pressures mount.
read more... 12/12/2023
Daily (11.12.2023): Oil prices rebounded by over 2% on Friday following Russo-Saudi meeting
Oil prices rebounded on Friday following a meeting between Russian President and Saudi Crown Prince, where they emphasized the importance of energy cooperation and the need for all countries to adhere to the OPEC+ agreement. Consequently, Brent crude ended at $75.84 per barrel, while WTI crude closed at $71.23 per barrel, both contracts jumping by more than 2%.
read more... 11/12/2023
Daily (07.12.2023): Gas prices gained ground on Wednesday, supported by forecasts of stronger demand due to cold weather in the upcoming weeks
On Wednesday, oil prices plunged by around 4%, hitting a fresh five-month low, as the market struggled to identify catalysts for a potential rebound. Consequently, Brent crude ended at $74.30 per barrel, while WTI crude finished below the $70 threshold at $69.38 per barrel.
read more... 07/12/2023
Nuclear's share of world power output at multi-decade low
Global electricity production from nuclear energy dropped by 4% last year from 2021, with the technology's share of gross electricity generation falling to its lowest since the 1980s, an industry report showed on Wednesday.
read more... 07/12/2023