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Daily (07.07.2017): EU carbon prices jumped by 4% to hit one-month high on Thursday
Oil rose on Thursday, recovering some ground as the data from the American Petroleum Institute on Wednesday showed U.S. crude inventories fell more sharply than expected. Also, weekly inventory figures from the U.S. EIA confirm a heavy drop in crude stocks. Traders consider that there is a potential for oil prices to rise much higher. Brent crude jumped by almost 0.7% to end at $ 48.11 a barrel, while the WTI price soared increased by 0.9% to $45.52 a barrel.
read more... 07/07/2017
Poland hopes for new LNG partnership with the U.S.
Poland’s president Andrzej Duda declared that Poland expects to sign a long-term deal for liquefied natural gas (LNG) supplies from the U.S. after meeting with his U.S. counterpart, president Donald Trump.
read more... 07/07/2017
Daily (06.07.2017): Oil prices fell by around 4% on Wednesday
Oil prices fell on Wednesday, ending their longest bull run in more than five years, due to increasing OPEC exports and a stronger dollar. Brent crude slumped by almost 3.7% to end at $47.79 a barrel, while the WTI price edged 4.08% down to $45.13 a barrel.
read more... 06/07/2017
New 316MW solar power plant to be developed in New South Wales
A 316MW solar power plant will be developed by Photon Energy NV close to Gunning, New South Wales, which is said to be one of the biggest photovoltaic (PV) projects in Australia.
read more... 06/07/2017
Cuadrilla fracking site blocked by demonstrators
A fracking site in Lancashire has been blockaded by campaigners in protest to the controversial drilling process.
read more... 06/07/2017