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Daily (14.12.2022): British near-term gas prices rose on Tuesday due to supply concerns
Oil prices jumped on Tuesday amid supply concerns, including disruption in the US (North America) due to Keystone pipeline closure. Consequently, Brent crude rose by 3.4% to $80.68 a barrel and WTI oil ended 3% higher at $75.39 a barrel.
read more... 14/12/2022
Daily (12.12.2022): Crude oil prices saw their biggest weekly slump in months amid growing recession fears
Crude oil prices ended rather flat on Friday but hit their biggest weekly declines in months as supply issues following weak economic data from China, Europe, and the United States were overshadowed by growing recession fears. Hence, Brent crude steadied at $76.10 a barrel. U.S. WTI crude settled 44 cents lower at $71.02 a barrel, a fresh low for 2022.
read more... 12/12/2022
Energy efficiency rate accelerates amid high prices
COPENHAGEN, Dec 2 - Global progress toward energy efficiency has accelerated this year as a result of high energy prices and disruptions to fuel supply but still not enough to meet climate change targets, the International Energy Agency (IEA) said on Friday.
read more... 02/12/2022
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France facing tight power supply situation in winter
France is gearing up for a "tight" power supply situation but will not necessarily face cuts this winter, the head of French energy regulator RTE said on Thursday.
read more... 01/12/2022
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EU struggles with Russian oil price cap, talks to resume when positions converge
European Union governments remained split on Thursday over what level to cap Russian oil prices at to curb Moscow's ability to pay for its war in Ukraine without causing a global oil supply shock, with more talks possible on Friday if positions converge.
read more... 25/11/2022