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EU lawmakers back law to boost domestic clean tech production
The European Parliament approved on Thursday a new law designed to ensure the bloc produces 40% of its renewable energy, fuel cell and other green technology needs within its borders, and to help Europe's industry compete with U.S. and Chinese rivals. EU lawmakers voted by 361 to 121 against, with 45 abstentions, for the Net Zero Industry Act.
read more... 26/04/2024
EU lawmakers back law to boost domestic clean tech production
The European Parliament approved on Thursday a new law designed to ensure the bloc produces 40% of its renewable energy, fuel cell and other green technology needs within its borders, and to help Europe's industry compete with U.S. and Chinese rivals. EU lawmakers voted by 361 to 121 against, with 45 abstentions, for the Net Zero Industry Act.
read more... 26/04/2024
Daily (24.04.2024): Crude oil prices rose by about 2% on Tuesday amid weaker dollar
On Tuesday, oil prices rebounded as the U.S. dollar index dropped to its lowest point in over a week, with investors redirecting their attention from tensions in the Middle East to the condition of global economies. Brent crude increased by 2% to $88.42 per barrel, while WTI crude also rose by 2%, reaching $83.36 per barrel.
read more... 24/04/2024
Daily (10.04.2024): European carbon prices hit their highest level since March 25, driven by technical signals
On Tuesday, crude oil prices kept declining as investors assessed the possible consequences of a ceasefire agreement between Israel and Hamas. This deal has the potential to conclude the ongoing Gaza conflict, which has persisted for six months. Hence, Brent crude declined by 1% to settle at $89.42 a barrel. Meanwhile, U.S. WTI crude dropped by 1.4% to $85.23 a barrel.
read more... 10/04/2024
Daily (28.03.2024): Forward gas prices rose on Wednesday amid supply worries due to falling LNG imports
Oil prices weakened on Wednesday, reflecting an unexpected build in U.S. crude inventories, in contrast to analysts' forecasts. As a result, Brent crude retreated by 0.4% to settle slightly above $86 a barrel, while WTI crude settled at $81.35 a barrel, down 0.3% day-on-day.
read more... 28/03/2024