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Daily (10.10.2023): British gas prices turned bullish on Monday amid supply concerns over potential Australia LNG strikes and tension in the Middle East
On Monday, crude oil prices increased amid rising geopolitical risk in the Middle East. Hence, Brent crude surged by 4.2% to end at $88.15 a barrel. Meanwhile, U.S. WTI crude soared by 4.3% to $86.38 a barrel.
read more... 10/10/2023
Daily (04.10.2023): German spot power surged dramatically by over 200% due to reduced wind energy generation
On Tuesday, crude oil prices slightly increased from earlier lows, however, the rebound was limited by the prospect of higher interest rates and concerns over the health of the global economy. Hence, Brent crude edged 0.2% higher at $90.92 a barrel. Meanwhile, U.S. WTI crude rose by 0.5% to $89.23 a barrel.
read more... 04/10/2023
Daily (03.10.2023): Crude oil prices fell to a three-week low on Monday amid bleak economic outlook, rate hike fears
Crude oil prices dropped, to hit their lowest levels in three weeks on Monday due to concerns over the health of the global economy. Furthermore, the prospect of higher interest rates also dragged oil prices down. As a result, Brent crude slumped by 4.8% to settle at $90.71 a barrel. Meanwhile, U.S. WTI crude declined by 2.2% to $88.82 a barrel.
read more... 03/10/2023
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$40B Deal With U.S. Companies Kickstarts Poland’s Nuclear Power Ambitions
Poland’s first nuclear power plant moved forward on Wednesday with the signing of a deal between the Polish government and a consortium of U.S. companies including Westinghouse and Bechtel.
read more... 28/09/2023
Daily (27.09.2023): British gas prices turned bearish on Tuesday amid healthy supply and milder weather forecasts
Crude oil prices continued the slightly but steady rise on Tuesday due to concerns regarding supply-demand crunch. However, macroeconomic fears have limited the upward trend. As a result, Brent crude traded 0.7% higher at $93.96 a barrel. Meanwhile, U.S. WTI crude rose by 0.8% to $90.39 a barrel.
read more... 27/09/2023