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Daily (10.11.2022): British gas prices extend losses on Wednesday due to consistent deliveries
Higher-than-expected growth in U.S. stockpiles weighed on the oil prices on Wednesday. Moreover, concerns over an increase in COVID-19 cases in top importer China might have an impact on demand. Thus, the Brent crude contract ended 2.8% lower at $92.65 a barrel. WTI crude traded 3.5% down at $85.83 per barrel.
read more... 10/11/2022
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EU Commission said gas price cap impossible as requested
The European Union's executive body told its 27 member countries at a seminar on Monday that it was not possible to create a gas price cap that would not affect long-term contracts or supply security, two diplomatic sources told Reuters.
read more... 10/11/2022
Daily (11.10.2022): European carbon contracts fell on Monday due to the collapse of demand in the industrial and energy sectors
After five straight days of gains, crude oil prices fell as weak economic data fueled concerns about a worldwide recession and reduced demand for fuel. Thus, Brent crude decreased by 1.8% to settle at $96.19 a barrel. Meanwhile, U.S. WTI crude ended 1.6% lower at $91.13 a barrel.
read more... 11/10/2022
Dutch government expects to spend $23 billion on energy price cap
The Dutch government expects to spend about 23.5 billion euros ($23.3 billion) on a price cap on energy contracts to shield consumers from surging prices, it said on Tuesday.
read more... 05/10/2022
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EDF contractors relax radiation exposure limits to speed up reactor repairs
Some contractors helping French power giant EDF to inspect and repair its corrosion-hit nuclear reactors are planning to relax their rules on radiation exposure limits so that their workers can spend more time on the job, EDF told Reuters.
read more... 19/09/2022