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Daily (15.08.2022): European carbon prices climbed to a fresh six-week high on Friday amid reduced auction supply

Crude oil prices declined on Friday amid concerns that supply disruptions in the American Gulf of Mexico would be temporary, while recession worries cast doubt on the prospects for demand. Hence, Brent crude fell by $1.45, or 1.5%, to settle at $98.15 a barrel. U.S. WTI crude dropped by $2.25, or 2.4%, to settle at $92.09 a barrel.

read more... 15/08/2022

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Daily (29.07.2022): EUAs soared on Thursday, as the market prepares for a month of tight auctions

Crude oil prices were volatile on Thursday, buoyed by supply concerns ahead of the meeting between OPEC and its allies. However, gains were limited by global economy recession fears. Thus, Brent crude rose by 0.5% to settle at $107.14 a barrel and WTI crude decreased by 0.9% to $96.42 per barrel.

read more... 29/07/2022

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Daily (24.05.2022): European carbon prices extended losses to 5-week low on Monday amid weak auctions, uncertainty over reform

Oil prices settled marginally higher on Monday as fears of a future recession competed with the prospect of stronger fuel demand due to the forthcoming summer driving season in the United States and Shanghai's preparations to reopen after a two-month coronavirus quarantine. Hence, Brent crude rose by 87 cents, or 0.7%, to $113.42 a barrel. U.S. WTI crude steadied at $110.29 per barrel.

read more... 24/05/2022

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Daily (08.04.2022): European carbon prices soared by 3.6% on Thursday amid strong auction

Oil prices extended losses for the third day in a row on Thursday amid uncertainty that the eurozone will be able to effectively penalize Russian energy exports and after consuming nations announced a large release of oil from emergency reserves. The coronavirus outbreak in Shanghai that has forced a lockdown in China's second-largest city put further pressure on prices. Hence, Brent crude slipped by 49 cents, or 0.5%, to settle at $100.58 a barrel. U.S. WTI crude lost 20 cents, or 0.6%, to settle at $96.03 a barrel.

read more... 08/04/2022

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Portugal to auction 3-4 GW of floating offshore wind farms in summer

Portugal plans to hold its first auction for floating offshore farms this summer, which it hopes will be able to produce between 3 and 4 gigawatts (GW) of power in 2026, Environment and Energy Transition minister Joao Matos Fernandes told Reuters.

read more... 17/03/2022

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