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Daily (14.07.2021): Brent crude gained ground on Tuesday as OPEC impasse means tight supply
International Energy Agency report showed that the market should expect tighter supply for now due to disagreements among major producers. According to the same report, a strong recovery in demand was noticed during last month. Thus, Brent crude gained around 1.8% to end at $76.49 a barrel. The American crude rose by 1.6% to settle at $75.25 a barrel.
read more... 14/07/2021
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Britain ‘on track to meet its 78% emissions reduction target by 2035’
Britain could meet its 78% emissions reduction target by 2035. That’s according to two out of the four new National Grid ESO’s Future Energy Scenarios (FES).
read more... 12/07/2021
Plug-in vehicles ‘made up 17% of new cars in June’
Plug-in cars continued to increase market share in June, according to the latest data from the Society of Motor Manufacturers and Traders (SMMT).
read more... 09/07/2021
Daily (17.06.2021): Crude oil prices strengthened on Wednesday amid declining US crude reserves
Oil prices rose on Wednesday, supported by declining crude reserves in the United States, according to the EIA’s weekly report. However, a fluctuating US dollar due to inflation concerns had limited gains. As a result, Brent oil edged 0.5% higher at $74.39 a barrel, while WTI crude closed on par with Tuesday’s settlement, at $72.15 a barrel.
read more... 17/06/2021
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Poland's Lodz Region publishes draft plans to close massive Belchatow power plant by 2036
Polish authorities are prepared to close Europe’s most polluting power plant by the end of 2036, according to a draft document published by local authorities on Tuesday.
read more... 09/06/2021