Oil crude prices hiked on Monday, due rising concerns about reduced supplies globally after U.S. sanctions against Iran will be applied in late autumn. Brent crude price increased by 0.9% to $78.15 a barrel. Meanwhile, WTI crude price was 0.4% up at $70.09 a barrel, as stronger supply from OPEC and the US limited gains.
read more... 04/09/2018
A fresh wave of protests erupted in Iran over the weekend against the plunging value of the local currency and rising prices, in what some observers and analysts describe as the biggest protest in the capital Tehran since 2012, just before the previous sanctions on Iran were imposed.
read more... 26/06/2018
Oil declined for a third day in a row due to a selling wave that hit equities, bonds, cryptocurrencies and commodities, and amidst pressure from a rising dollar. Brent crude slumped by 1.1% to $66.86 per barrel. WTI ended 1.2% lower at 63.39$ per barrel.
read more... 07/02/2018
A 10MW wave energy park will be constructed in Bali by a Finnish clean energy firm, named Wello, which received first commercial wave energy park order from Gapura Energi Utama, an Indonesian infrastructure firm.
read more... 02/01/2018
French electric utility company EDF announced about the reduction of the output at two reactors at its Tricastin nuclear plant located in southern France, due to blistering weather.
read more... 19/07/2017