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Daily (21.02.2024): British near-term gas prices turned bullish on Tuesday due to reduced Norwegian flows and stronger demand

On Tuesday, oil prices fell due to concerns over a recession and weaker demand. Brent crude dropped by 1.5% to $82.34, while WTI Crude decreased by approximately 2% to $77.04, despite potential supply disruptions caused by the ongoing political conflict in the Middle East.

read more... 21/02/2024

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EDF extends UK nuclear outages

EDF Energy has announced further extensions to the outages of four nuclear reactors in the UK.

read more... 21/02/2024

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Daily (20.02.2024): Carbon prices plummeted on Monday, following an aggressive selling

Oil prices were mixed on Monday. Brent crude edged 0.1% higher at $83.56, amid ongoing geopolitical tensions that continue to impact the market. Meanwhile, WTI Crude declined by about 1% to $78.47, amid signs of weaker demand.

read more... 20/02/2024

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Bids in first EU hydrogen auction outstrip budget

The EU’s first renewable hydrogen subsidy auction saw an overwhelming response with bids exceeding the EUR 800m available budget, the European Commission said on Monday.

read more... 20/02/2024

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Daily (19.02.2024): Oil prices rose by 1% on Friday, supported by ongoing geopolitical concerns

Oil prices gained ground on Friday as ongoing geopolitical turmoil continue to support prices. Hence, Brent crude rose by about 1% to settle at $83.47 a barrel, while WTI crude increased by 1.5% to close at $79.19 a barrel.

read more... 19/02/2024

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