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French gas operators say supplies sufficient for harsh winter
France will have enough gas supplies for the winter even in the event of severe cold weather, operators GRTgaz and Terega said on Monday, in a further indication that Europe's second-biggest economy has managed to diversify its sources from Russia.
read more... 10/10/2023
Daily (26.09.2023): European power spot prices surged amid a sharp decline in wind output
On Monday, crude oil prices remained relatively stable as the decision to prolong production cuts by Saudi Arabia and Russia was offset by predicted U.S. oil record output in September. Hence, Brent crude traded at $93.29 a barrel. Meanwhile, U.S. WTI crude slipped by 0.4% to $89.68 a barrel.
read more... 26/09/2023
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EU energy imports fall in Q2 as Russian supplies cut
European Union energy imports continued their downward trend in the second quarter as members further reduced their reliance on Russian supplies, data from EU statistics agency Eurostat showed on Monday.
read more... 26/09/2023
Daily (25.09.2023): Gas prices surged to a one-month high due to Norwegian maintenance and strong LNG demand
Oil prices were rather stable on Friday, marked by high volatility following Russia's suspension of diesel and gasoline exports, and the FED announcing the possibility of another interest rate hike. As a result, Brent crude was traded at $93.27 a barrel, while WTI crude edged 0.5% up to end at $90.03 a barrel.
read more... 25/09/2023
Russia dodges G7 price cap sanctions on most of its oil exports
Russian crude oil supplies increased 50% this spring despite the G7 countries imposing sanctions due to war in Ukraine, the Financial Times reported on Sunday citing data from analytics company Kpler.
read more... 25/09/2023