Latest news

Poland stokes dispute over net-zero emissions price and meaning

Poland has once again insisted that going carbon-neutral by 2050 is not affordable, after its energy minister concluded that the idea is “a fantasy”. But new analysis claims that the Eastern European country could get the job done on time and on budget.

read more... 03/10/2019

news

Daily (27.09.2019): European carbon prices jumped by 1.7% on Thursday amidst bullish technical signs

Crude oil prices were mixed on Thursday. Brent crude inched up by 0.6% to $62.74 a barrel, following Donald Trump’s affirmation that a deal between China and U.S. could happen sooner than expected. Meanwhile, sluggish economic data in major European economies and Japan, as well as a faster-than-anticipated recovery of Saudi output after the recent attacks sent WTI futures 0.1% down at $56.41 a barrel on Thursday.

read more... 27/09/2019

news

Sole bidder in Croatia's latest oil or gas tender applies for one exploration block only

The Croatian Hydrocarbon Agency (CHA) said that the sole bidder in the latest tender for oil and gas exploration and exploitation in the Dinarides area has applied for only one of the four exploration blocks offered.

read more... 24/09/2019

news

Daily (03.09.2019): EU carbon prices sank by over 4% on Monday, amid growing Brexit turmoil

Crude oil prices remained bearish on Monday, as the recent import tariffs resulting from the latest trade war escalation between the U.S. and China have started to apply, raising concerns over a tighter demand outlook. The impact of Hurricane Dorian near the Florida coast also posed a threat for the crude demand. Further downward pressure came from higher oil production by OPEC members in August, for the first month this year. As a result, Brent crude dropped by 2.9% to $58.66 a barrel, while WTI futures lost 0.5% to settle at $54.84 a barrel.  

read more... 03/09/2019

news

Daily (23.08.2019): EU carbon prices fell to an 8-week low on Thursday, weighed down by technical weakness

Crude oil prices inched down on Thursday, due to weaker equity markets and uncertainty over the outlook for U.S. interest rate cuts. Both Brent crude and WTI futures fell by 0.6% to $59.92 and $55.35 a barrel respectively.

read more... 23/08/2019

news