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Daily (03.05.2018): European carbon prices declined by 2.4% on Wednesday

Oil prices increased on Wednesday as the U.S. dollar dropped from its peak for the year after the Federal Reserve left its benchmark interest rate constant. Brent crude was 23 cents, or 0.3%, up at $73.36 a barrel. WTI futures added 1% to end at $67.93 a barrel.

read more... 03/05/2018

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Statoil begins construction works on Norway’s biggest oil line

Statoil made known on Monday that Italy’s Saipem has commenced operations to install Norway’s biggest crude oil pipeline, part of the Johan Sverdrup offshore expansion.

read more... 03/05/2018

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European Investment Bank will offer €50 million for the construction of nine wind parks in Spain

The European Investment Bank (EIB) alongside with the Investment Plan for Europe, has inked a €50 million loan accord to fund a wind power project developed by the Spanish company Forestalia Renovables.

read more... 03/05/2018

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Daily (02.05.2018): Brent crude dropped by 2.7% on Tuesday due to geopolitical worries

Oil prices declined on Tuesday as the dollar stayed near a four-month peak, but concerns that U.S. President Donald Trump will pull out of the Iran nuclear agreement underpinned the market. Brent crude fell $2.04 cents, or 2.7%, to end at $73.13 a barrel. WTI futures lost $1.32, or almost 2%, to settle at $67.25 a barrel.

read more... 02/05/2018

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Daily (01.05.2018): German year-ahead power price rose by 1.3% to new peak on Monday due to higher coal prices

Oil prices surged on Monday, recovering after early losses as Israeli Prime Minister Benjamin Netanyahu announced that Iran lied about its nuclear capabilities. Brent crude gained 53 cents, or 0.7%, to close at $75.17 a barrel. WTI futures added 0.47 cents, or 0.7%, to settle at $68.57 a barrel.

read more... 01/05/2018

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