Crude oil prices ended lower on Wednesday, following reports of weaker demand and prospects of increased black gold supply from OPEC+ members. Losses, however, were limited by a further drop in US crude reserves. Brent oil fell by 2.3% to $74.76 a barrel and WTI oil declined by 2.8% to $73.13 a barrel.
read more... 15/07/2021
Crude oil prices rebounded on Friday, supported by a weaker US dollar and the drop in US crude inventories. Despite the lack of an agreement between OPEC+ members, Brent oil gained 1.9% to settle at $75.55 a barrel. At the same time, WTI crude increased by 2.2% to $74.56 a barrel.
read more... 12/07/2021
German wind turbine maker Nordex SE said today it has received a firm order to supply turbines for Acciona Energia’s 923-MW MacIntyre wind project in Queensland, Australia.
read more... 07/07/2021
Brussels policymakers, about to unveil the world's first carbon border levy, are caught between industry demands to twin it with free carbon permits worth billions of euros, and analysts' warnings that doing so could expose the EU to legal challenges at the WTO.
read more... 22/06/2021
German luxury carmaker plans to end production of new internal combustion engine models by the end of 2026, German media reported on Monday quoting company’s CEO Markus Duesmann.
read more... 22/06/2021