Volkswagen Group will not make a decision on a fourth battery factory site for now, with demand for electric vehicles in Europe lagging expectations, CEO Oliver Blume said.
read more... 02/11/2023
Oil prices fell on Tuesday as economic concerns ahead of the US interest rate decision outweighed supply risks driven by the Middle Eastern conflict. Thus, Brent crude remained rather stable at $87.41 per barrel, and WTI crude dropped by 1.6% to close at $81.02 per barrel.
read more... 01/11/2023
Oil prices plummeted by over 3% on Monday as economic concerns ahead of the next US interest rate decision this week outweighed supply risks driven by the Middle Eastern conflict. Thus, Brent crude settled at $87.45 a barrel, while WTI crude stood at $82.31 a barrel.
read more... 31/10/2023
Oil prices declined sharply by over 2 % on Thursday, with the outlook for oil demand being negatively impacted by the European Central Bank's (ECB) decision to keep interest rates unchanged, highlighting vulnerabilities in the global economy. As a result, Brent crude settled at $87.93 per barrel, while WTI crude stood at $83.21 per barrel.
read more... 27/10/2023
Polish oil and gas company Orlen has taken the final investment decision (FID) on the 1.2GW Baltic Power offshore wind farm in the Baltic Sea.
read more... 13/10/2023