Latest news
Daily (23.02.2024): French Cal25 power contract plunged to its lowest level since Nov 2021 amid persistent bearish fundamentals
Oil prices extended gains on Thursday, with the ongoing bullish sentiment attributed to geopolitical risks in the Middle East, while a marginal rise in crude inventories failed to dampen the market. As a result, both contracts rose by about 1%, with Brent crude standing at $83.67 a barrel, and WTI crude settling at $78.61 a barrel.
read more... 23/02/2024
Daily (20.02.2024): Carbon prices plummeted on Monday, following an aggressive selling
Oil prices were mixed on Monday. Brent crude edged 0.1% higher at $83.56, amid ongoing geopolitical tensions that continue to impact the market. Meanwhile, WTI Crude declined by about 1% to $78.47, amid signs of weaker demand.
read more... 20/02/2024
.jpg)
Italy awaits EU clearance on $5.2 bln tariff to cover gas storage costs
Italy's energy authority is awaiting clarity from the European Union on whether a planned tariff to cover costs of gas storage filling, potentially worth 4.8 billion euros ($5.18 billion), is in compliance with the single market rules, two sources said on Thursday.
read more... 16/02/2024
EU to step up efforts for more carbon markets worldwide
The European Union will increase diplomatic efforts to help countries outside the bloc to launch carbon markets in the hope of fostering international trade of CO2 emissions, the bloc's climate policy chief said on Tuesday.
read more... 14/02/2024
Daily (13.02.2024): Forward gas prices declined by about 5% on Monday due to a comfortable supply outlook
Oil prices ended mixed on Monday, with the market showing some relaxation after the recent surge. Nonetheless, geopolitical tensions persist. Consequently, Brent crude traded 0.2% lower at $82 a barrel, while WTI crude remained relatively stable to bullish at $76.92 a barrel.
read more... 13/02/2024