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British Gas owner Centrica loses another 107,000 energy customers

British Gas owner Centrica (CNA.L) on Thursday said that it lost a further 107,000 customers from its struggling energy supply business in the four months to October, even as it told investors that the decline was “significantly lower” than it had been last year.

read more... 21/11/2019

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Daily (20.11.2019): WTI crude dropped by 3.2% on Tuesday on worries about oversupply and slow progress in U.S.-China trade dispute

Oil prices declined on Tuesday on worries about crude oversupply and slow evolution in resolving the U.S- China trade war. Brent crude dropped by 2.5% to $60.91 a barrel. WTI futures fell by 3.2% to $55.21 a barrel.

read more... 20/11/2019

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Daily (19.11.2019): NBP spot fell by 2% on forecasts for lower heating and gas-for-power demand due to milder weather

Oil prices lost ground on Monday amid uncertainty over a trade agreement between the U.S. and China. Furthermore, worries about crude oversupply also put pressure on oil contracts. Brent crude dropped by 1.4% to $62.44 a barrel and WTI futures fell by 1.1% to $58.05 a barrel.

read more... 19/11/2019

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World's largest green-hydrogen plant begins operation in Austria

The world’s largest green-hydrogen production facility has commenced operations in Austria, “setting an international milestone in the advancement of new energy supply options”, according to the project partners.

read more... 19/11/2019

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Daily (15.11.2019): The German spot power contract lost 16.4% on Thursday, amidst a sharp rise in wind output

A build in U.S. crude inventories and higher oil production reported for this week put pressure on crude oil prices on Thursday. However, OPEC’s potential deepening of supply cuts later this year limited losses. Hence, Brent crude fell by 0.1% to $62.28 a barrel, while WTI futures dropped by 0.6% to $56.77 a barrel.

read more... 15/11/2019

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