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Daily (08.04.2024): Middle East conflict provided support to oil prices on Friday
Oil prices extended gains on Friday , amid worries about supply constraints due to the Middle East conflict. Brent crude rose by 1% to $91.17, while WTI Crude edged 0.4% higher at $86.19.
read more... 08/04/2024
German coalition agrees financing details of hydrogen network
Germany's ruling coalition on Friday agreed a financing mechanism for the country's future hydrogen network, extending a deadline for it to be built by five years to 2037 and offering protection for investors in case of bankruptcy.
read more... 08/04/2024
Serbia adopts MoU with EDF on energy cooperation
Serbia's government adopted a Memorandum of Understanding (MoU) with French state-owned energy giant Electricite de France (EDF) on long-term cooperation in the field of energy transition and low-carbon technology, the energy ministry said on Friday.
read more... 08/04/2024
UK considers first advanced nuclear design in a decade
The Nuclear Industry Association has submitted a proposal for regulatory consideration of newcleo’s lead-cooled fast reactor, marking the first application for justification of advanced nuclear technology in the UK.
read more... 08/04/2024
Daily (05.04.2024): Oil prices hit their highest level since October on Thursday amid escalated geopolitical tensions and supply constraints
Oil prices surged on Thursday, reaching their highest level since October amid heightened geopolitical tensions in Ukraine and the Middle East, as well as continuously tighter supply. As a result, Brent crude closed at $90.65 a barrel, while WTI crude reached $86.59 a barrel, with both contracts climbing by 1.4% day-on-day.
read more... 05/04/2024