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EU set to demand e-fuel cars have no climate impact
The European Union is set to demand that cars running on e-fuels must be 100% carbon neutral if they are to be sold beyond 2035, a draft document showed, after Germany demanded e-fuel cars be exempted from the phase-out of new polluting vehicles.
read more... 25/09/2023
Daily (22.09.2023): European carbon prices soared amid strong auction and bullish gas
Oil prices remained fairly stable on Thursday, as Russia's announcement of restrictions on its gasoline and diesel exports was counterbalanced by concerns over global demand. As a result, Brent crude settled 0.3% lower at $93.30 a barrel, while WTI crude stabilized at $89.63 a barrel.
read more... 22/09/2023
Daily (21.09.2023): European spot electricity prices soared by over 100% on Wednesday amid a sharp decline in wind output
Oil prices dropped on Wednesday, driven by profit-taking and the continuing offensive stance of the US Federal Reserve, with doubts about the robustness of demand. As a result, Brent crude fell by 1.7% to settle at $89.66 a barrel, while WTI crude stood at $93.53 a barrel, down 1% day-on-day.
read more... 21/09/2023
Daily (19.09.2023): Brent crude price rally continued in full force on Monday, hovering near $95 per barrel
On Monday, crude oil prices gained ground the third consecutive day, hitting the highest level this year amid limited supply and increased demand anticipated in the fourth quarter due to extended production cuts by Saudi Arabia and Russia. China's recent economic stimulus efforts, aimed to revitalize the economy, further bolstered oil prices. Hence, Brent crude edged 0.5% higher at $94.43 a barrel. Meanwhile, U.S. WTI crude gained 0.8% to end at $91.48 a barrel.
read more... 19/09/2023
Daily (18.09.2023): British gas prices rose on Friday amid Australian LNG disruptions and extended Norwegian outages
Oil prices extended their gains on Friday, as supply shortages continued to boost prices, while indicators provided favourable news on demand in China and the United States. As a result, Brent crude edged 0.2% up at $93.93 a barrel, while WTI crude advanced by 0.7% to $90.77 a barrel.
read more... 18/09/2023