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Daily (23.03.2023): European carbon prices hovered around the 90€ level for most of the day on Wednesday as traders anticipated the expiration of the March contract
Oil prices rose for the third consecutive day on Wednesday, supported by a weaker dollar and data showing a rebound in U.S. demand for refined products. Thus, Brent crude rose by 2% to $75.32 a barrel.
read more... 23/03/2023
Daily (21.03.2023): British gas prices continued to fall on Monday amid healthy stocks, mild weather
Crude oil prices rebounded after plummeting to their lowest levels in 15 months the previous day. However, fears over further contagion from the banking crisis continued to dominate crude trading. Hence, Brent crude rose by 82 cents, or 1.1%, to settle at $73.79 a barrel. U.S. WTI crude gained 90 cents, or 1.4%, at $67.64 on the eve of the contract's expiry.
read more... 21/03/2023
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EU to revamp power market, aiming to blunt price spikes
The European Commission is set to propose a revamp of Europe's electricity market rules on Tuesday, aimed at expanding the use of fixed-price power contracts to shield consumers from severe price spikes like those experienced last year.
read more... 14/03/2023
EU energy chief tells companies not to sign new Russian LNG deals
European Union countries and companies should not sign new contracts to buy Russian liquefied natural gas, as part of the bloc's attempt to end its energy dependence on Moscow, the EU's energy policy chief said on Thursday.
read more... 10/03/2023
EDF team to bid in tender for 3.5-GW wind zone off Belgium
EDF Renewables, marine contractor Jan De Nul and energy group Luminous have teamed up to make a joint bid for the development of an offshore wind zone in Belgium that could host up to 3.5 GW of turbine capacity.
read more... 09/03/2023