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Daily (24.01.2024): Forward electricity prices rose by about 1% on Tuesday amid comfortable supply outlook and bearish gas prices
Oil prices edged down on Tuesday, with concerns about the health of demand outweighing possible supply disruptions. As a result, Brent crude ended at $79.55, while WTI crude settled at $74.37 per barrel, both contracts falling by about 0.6%.
read more... 24/01/2024
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Belgium unsure about using EU option to block Russian gas imports
It is unclear if Belgium will use the option in an upcoming European Union law to block imports of Russian liquefied natural gas (LNG), Belgium’s energy minister said on Monday (22 January).
read more... 24/01/2024
Daily (23.01.2024): Gas prices tumbled on Monday amid strong supply and forecasts of milder temperatures
Oil prices jumped by about 2% on Monday, supported by Red Sea tensions and weaker production in the US due to colder weather. Hence, Brent crude stabilized at $80.06, while WTI crude ended at $74.76 per barrel.
read more... 23/01/2024
Germany set for gas power plant expansion deal this week
German stakeholders are set to agree a deal on a much-anticipated roadmap for the construction of several new gas-fired power plants this week, three government and industry sources told Reuters on Monday.
read more... 23/01/2024
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Ukraine, Moldova, Slovakia join ‘Vertical Corridor’ European gas transportation scheme
Ukraine, Moldova and Slovakia on Friday (19 January) joined an initiative for a planned corridor to carry natural gas between Greece and countries to its north as Europe steps up efforts to diversify supply and boost energy security.
read more... 22/01/2024