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Daily (19.07.2023): Oil prices rebounded on Tuesday, as the market saw the prospect of an end to US monetary tightening
Oil prices rebounded on Tuesday, as the market saw the prospect of an end to US monetary tightening in the wake of disappointing US indicators, against the backdrop of a slowdown in Russian exports. Consequently, WTI crude advanced by more than 2%, reaching $75.75 per barrel. At the same time, Brent crude also increased by 1.4%, settling at $79.63 per barrel.
read more... 19/07/2023
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Spain's EU power market reform draft includes subsidies for existing plants
Spain has proposed state aid for existing power plants, but with limits to avoid market distortions, in a bid to end a stalemate over reform of the European Union's electricity market, according to a draft seen by Reuters on Wednesday.
read more... 13/07/2023
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Spain makes new proposal for EU power market reform as seeks deal
Spain has drafted a new proposal on the reform of the European Union's electricity market as it seeks to push the bloc towards an agreement in principle by the end of July, two people familiar with the matter said on Tuesday.
read more... 12/07/2023
Spain targets EU power market reform by year end
The Spanish EU presidency plans to make power market reform one of its main priorities, with the aim of approving plans before the end of the year, energy ministry sources told Montel on Friday.
read more... 10/07/2023
EU Parliament clinches political deal on electricity market reform
Political groups in the European Parliament have agreed on the broad terms of the EU’s electricity market reform on Thursday (6 July), paving the way for a swift adoption of the proposal in the EU assembly before decisive talks with EU member states to finalise the law.
read more... 07/07/2023