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Daily (09.06.2017): UK wholesale gas prices rose 3-4% on Thursday on high gas-for-power demand
Crude oil fell for a second consecutive day on Thursday to hit a one-month low after an unexpected increase in U.S. inventories and on growing concerns over an oversupplied market following a rebound in oil production in Libya and Nigeria, which are exempt from OPEC's production cuts.
read more... 09/06/2017
RTE: France has enough electricity supply for summer to meet demand
France will produce enough power during the summer to meet demand, even during continued heat waves, and will remain a net power exporter, as stated by electricity grid network operator RTE on Tuesday.
read more... 06/06/2017
Daily (02.06.2017): British wholesale gas prices fell on Thursday, on lower demand
Oil prices increased on Thursday after a larger-than-expected domestic inventory drawdown, offering some relief amid investor uncertainty that OPEC-led reductions will be sufficient to rebalance an oversupplied market. Brent crude rose by 32 cents, or 0.64%, to settle at $50.63. Meanwhile, U.S. crude futures closed cents higher at $48.36 a barrel.
read more... 02/06/2017
UK hits solar power record
Solar power has generated a record of 8.7 GW of electricity in Great Britain on Friday, accounting for 24.3% of demand, as stated by the transmission operator National Grid.
read more... 29/05/2017
Daily (10.05.2017): European carbon prices jumped by over 2%
Oil prices declined, influenced by worries over reducing demand, a rising US dollar and a higher US crude production that has shaken investors' faith in the ability of OPEC to rebalance the market.
read more... 10/05/2017