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Daily (28.06.2024): Forward gas prices increased on Thursday, driven by a bullish LNG market amid growing competition
On Thursday, oil prices rose despite an increase in US crude inventories, driven by geopolitical risks in the Middle East. As a result, Brent crude climbed by 1.3%, closing at $86.39 a barrel. Similarly, WTI crude rose by 1% up at $81.74 a barrel.
read more... 28/06/2024
Daily (28.06.2024): Forward gas prices increased on Thursday, driven by a bullish LNG market amid growing competition
On Thursday, oil prices rose despite an increase in US crude inventories, driven by geopolitical risks in the Middle East. As a result, Brent crude climbed by 1.3%, closing at $86.39 a barrel. Similarly, WTI crude rose by 1% up at $81.74 a barrel.
read more... 28/06/2024
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French far-right would scrap CRE energy regulator
France’s National Rally party would abolish the country’s CRE energy regulator if it wins upcoming elections, the party’s energy spokesman Jean-Philippe Tanguy told Montel on Thursday, confirming local media reports.
read more... 28/06/2024
Iberdrola advances €1bn offshore wind project
Iberdrola has made progress on its €1 billion (£850m) Windanker offshore wind project in Germany, moving into the delivery phase after finalizing supply chain contracts.
read more... 28/06/2024
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UK power sector cuts fossil fuel use to new lows
Power producers in the United Kingdom cut the use of fossil fuels in electricity generation by 16% over the first five months of 2024 from the same period in 2023, data from think tank Ember shows.
read more... 28/06/2024