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Daily (11.10.2023): British gas prices saw a fierce uptrend on Tuesday amid supply concerns over Middle East tensions
Crude oil prices were slightly lower yesterday amid concerns over the state of the global economy, after recent data flagged a slowdown in economic growth. However, the oil market remained choppy amid Middle East turmoil, fueled by worries about a potential decrease in oil supply. As a result, Brent crude traded 0.6% lower at $87.65 a barrel. Meanwhile, U.S. WTI crude edged 0.5% lower at $85.97 a barrel.
read more... 11/10/2023
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Three countries support construction of Burgas-Alexandroupolis oil pipeline
The oil pipeline project from the Greek port of Alexandroupolis to the Bulgarian port of Burgas is on the agenda of Bulgaria, Greece, and Romania in the context of greater energy, transport and digital connectivity in Southeast Europe.
read more... 11/10/2023
Carmakers apply for French EV subsidies under more stringent rules
Automakers will from Tuesday submit the specifications of their electric vehicles to French authorities in the hope they can continue to benefit from subsidies under new conditions that are likely to edge out many Chinese models.
read more... 11/10/2023
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Finland says 'outside activity' likely damaged gas pipeline, telecoms cable
A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have been damaged in what may have been a deliberate act, the Finnish government said on Tuesday.
read more... 11/10/2023
Daily (10.10.2023): British gas prices turned bullish on Monday amid supply concerns over potential Australia LNG strikes and tension in the Middle East
On Monday, crude oil prices increased amid rising geopolitical risk in the Middle East. Hence, Brent crude surged by 4.2% to end at $88.15 a barrel. Meanwhile, U.S. WTI crude soared by 4.3% to $86.38 a barrel.
read more... 10/10/2023