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Daily (19.09.2022): EUA prices sharply increased, breaking a three-week losing run
A leak at an Iraqi terminal in Basra appeared to be limiting the flows of oil, which led to a slight increase in oil prices on Friday. Prices, however, declined on a weekly basis due to worries that major interest rate hikes will impede the growth of the world economy and the need for fuel. Thus, Brent crude settled 0.6% higher at $91.35 a barrel. At the same time, WTI crude was flat at $85.11.
read more... 19/09/2022
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EDF contractors relax radiation exposure limits to speed up reactor repairs
Some contractors helping French power giant EDF to inspect and repair its corrosion-hit nuclear reactors are planning to relax their rules on radiation exposure limits so that their workers can spend more time on the job, EDF told Reuters.
read more... 19/09/2022
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EU warned against ‘patchwork’ of taxes to alleviate energy crisis
Emergency EU measures presented last week to alleviate the burden of high energy prices on consumers risk creating a patchwork of different interventions across Europe and depress investments in renewable energies, industry sources have warned.
read more... 19/09/2022
France urges Brussels to label nuclear-produced hydrogen ‘green’
French Energy Minister Agnès Pannier-Runacher is trying to get EU Energy Commissioner Kadri Simson to include nuclear among energy sources for the production of so-called “green” hydrogen, according to a letter seen by EURACTIV France.
read more... 19/09/2022
Daily (16.09.2022): Oil prices declined on Thursday hitting a one-week low
A potential agreement to prevent a rail strike in the United States, forecasts for weaker global demand, and sustained U.S. dollar strength ahead of a possibly significant interest rate increase contributed to Thursday's decline in oil prices, which hit a one-week low. Thus, Brent crude settled 3.5% lower at $90.84 a barrel. WTI crude fell by 3.8% to $85.10.
read more... 16/09/2022