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Daily (17.01.2024): Gas and electricity forward contracts dropped on Tuesday amid comfortable supply levels, despite escalating tensions in the Middle East
Oil prices ended Tuesday with a mixed evolution as investors were cautious due to geopolitical tensions in the Middle East and amid a strong dollar. Hence, Brent crude advanced by about 0.2% to settle at $78.29, while WTI crude remained rather stable to bearish at $72.40 per barrel.
read more... 17/01/2024
Daily (16.01.2024): European carbon prices rebounded by 2% on Monday following a successful first auction of the year
Oil prices remained rather steady to bearish on Monday as the geopolitical risk premium eased amid the absence of tangible supply disruptions in the Middle East, with the market focusing on signs of weaker demand. Consequently, Brent and WTI crude edged lower to settle at $78.15 and $72.45 per barrel respectively.
read more... 16/01/2024
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Poland plans to set end date for coal power
Poland plans to set an end date for coal-fuelled power, the country's Secretary of State for Climate Urszula Zielinska said on Monday, marking a shift from the previous government's stance on climate change.
read more... 16/01/2024
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Franco-British partnership to develop fourth-generation nuclear technology
UK company Newcleo and French company NAAREA are set to form a strategic partnership to accelerate the development of their fourth-generation nuclear technologies, the two announced in an interview with Euractiv France, AFP and Le Figaro on Tuesday (16 January).
read more... 16/01/2024
Daily (15.01.2024): Gas prices rose on Friday due to supply disruption concerns
Oil prices extended gains on Friday amid escalating geopolitical risk in the Middle East. As a result, Brent and WTI crude rose by 1% to close at $78.29 and $72.68 per barrel respectively.
read more... 15/01/2024