Latest news
Daily (29.12.2023): Oil prices continued their losses on Thursday as shipping companies indicated readiness to navigate Red Sea
Crude oil futures retreated on Thursday following announcements from additional shipping firms indicating their readiness to navigate the Red Sea route. This development has helped to alleviate worries about potential supply interruptions, even as tensions continue to remain high in the Middle East. Hence, Brent crude declined by 1.5% to settle at $78.39 a barrel. U.S. WTI crude dipped by about 3% to $71.77 a barrel.
read more... 29/12/2023
Portugal, Spain and France agree to boost energy links
Portugal, Spain and France will strengthen energy links, according to a memorandum of understanding that sets new priorities for the High-Level Group, signed with the EU Commission in Brussels Tuesday.
read more... 21/12/2023
France and Sweden strengthen nuclear ties
France plans to build several nuclear reactors in Sweden, according to an agreement signed on the sidelines of the EU’s Energy Council meeting in Brussels on Tuesday.
read more... 21/12/2023
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New grid rules could derail Finnish green transition
Finland’s new rules for grid asset valuation threaten future network investments deemed crucial for the green transition, regional grid operators (DSOs) have warned.
read more... 18/12/2023
Daily (15.12.2023): European carbon prices plunged to their lowest in 14 months on Thursday amid continuous selling pressure and weaker demand
On Thursday, oil prices surged, as speculative traders took profits and investors showed an increased appetite for risk assets. This increase was prompted by a more relaxed stance from the Fed. Consequently, both contracts jumped by over 3%, with Brent crude closing at $76.61, and WTI crude ending at $71.58 per barrel.
read more... 15/12/2023