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Daily (23.10.2023): Gas prices extended gains on Friday amid colder weather, ongoing conflict in the Middle East and persisting supply concerns
Oil prices witnessed a minor decline on Friday in a market filled with uncertainty. This uncertainty stems from various factors, including the ongoing conflict in the Middle East and the looming political crisis in the United States Congress. As a result, Brent crude stabilized at $92.16 per barrel, while WTI crude ended at $88.08 per barrel, down 1.4% day-on-day.
read more... 23/10/2023
Daily (20.10.2023): Oil prices continued their steady rise, surpassing $92 a barrel on Thursday as tensions in the Middle East remain high
Oil prices resumed their rise on Thursday as the ongoing concerns regarding a possible crisis in the Middle East outweighed the potential rise in Venezuelan exports. Thus, Brent crude settled at $92.38 per barrel, while WTI crude ended at $89.37 per barrel, both contracts trading 1% down day-on-day.
read more... 20/10/2023
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EU electricity market deal paves way for France to ditch divisive ARENH scheme
A deal on reforming the EU’s power market, reached by the 27 EU member states on Tuesday (17 October), paves the way for Paris to ditch a much-decried scheme forcing state utility EDF to sell its nuclear energy production to competitors below market price.
read more... 20/10/2023
BarMar hydrogen pipeline project ‘dead on arrival’
Hopes were high for the BarMar hydrogen pipeline project linking Spain and France when it was announced almost a year ago. But with no news since then, French experts say the project was in fact always a non-starter.
read more... 20/10/2023
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German solar package gets first reading
A German bill to increase the expansion of solar photovoltaics is undergoing its first reading in the Bundestag.
read more... 20/10/2023