French power supply is set to rebound from low nuclear output in 2022, returning the country to the role of a net exporter, though a long maintenance schedule and current low hydropower availability are concerns heading into warmer months.
read more... 02/03/2023
Oil prices rose on Friday due to the prospect of lower Russian exports which counterbalanced rising US stocks. Consequently, Brent crude increased by 1.1% to $83.16 a barrel and WTI oil ended 1.2% higher at $76.32 a barrel.
read more... 27/02/2023
Oil prices continued their bearish trend on Friday, despite forecasts of rising Chinese demand, as oil producers are expected to maintain current volumes of crude exports and OPEC+ agreement will continue until the end of the year. Thus, Brent crude oil posted a 2.5% day-on-day loss to settle at $83.00 a barrel.
read more... 20/02/2023
Norway's government said on Wednesday it would consider taxing electricity exports and impose other changes to its energy market to preserve more power for domestic use and keep a lid on prices.
read more... 16/02/2023
Crude oil prices were little changed on Monday as traders waited for further details of Russia's planned production cut. Hence, Brent crude rose by 0.3% to settle at $86.61 a barrel. Meanwhile, U.S. WTI crude added 0.5%, to close at $80.14 per barrel.
read more... 14/02/2023