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Daily (29.11.2019): French spot power price up 18% on Thursday on less nuclear availability and stronger demand

Crude oil prices diverged on Thursday, with WTI edging higher on intensified tensions between the US and China after President Donald Trump signed a bill backing protesters in Hong Kong. Despite a higher-than-expected rise in crude and gasoline inventories and a record peak in US production, WTI rose by 0.2% to settle at $58.25 a barrel. However, its European equivalent, Brent crude ended 0.3% down at $63.87 a barrel, extending losses hit in the previous session.

read more... 29/11/2019

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Wind power ‘will drive 30% of global electricity production by 2050’

Huge offshore potential around the world will help wind power drive around 30% of global electricity production by 2050.

read more... 29/11/2019

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Daily (28.11.2019): EUAs jumped by almost 3% on greater climate ambitions promised by the European Commission

Oil prices slipped on Wednesday as reports showed an unexpected increase in U.S. inventories, and record high gasoline production. Consequently, Brent crude closed the session at $64.06 a barrel, down 21 cents or 0.3% day on day. The WTI contract lost 3 cents, or 0.5%, to $58.11 per barrel.

read more... 28/11/2019

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Russia Set to Overshoot Oil Quota Yet Again Ahead of OPEC Talks

Russia, OPEC’s largest ally in a deal to cut oil production, is once again failing to keep its side of the bargain.

read more... 28/11/2019

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Daily (25.11.2019): German spot power price down about 30% on Friday on lower consumption expectations

Crude oil prices retreated from two-month highs on Friday, dragged down by uncertainty over U.S.-China trade talks, shading expectations for an extension to production reductions by OPEC and its allies. Brent crude for January delivery lost 58 cents or 0.9% to settle at $63.39 per barrel, posting a slight gain for the week. The WTI crude fell by 1.4% to close at $57.77 per barrel.

read more... 25/11/2019

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