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Daily (03.02.2022): European carbon prices jumped by over €5 on Wednesday amid strong technical buying and bullish energy prices
Crude oil prices rose marginally on Wednesday, supported by the decision of OPEC+ members to maintain the gradual increase in production. Gains, however, were limited by higher US crude reserves. As such, Brent oil edged 0.4% up at $89.47 a barrel and WTI crude gained merely 0.1% at $88.26 a barrel.
read more... 03/02/2022
Daily (01.02.2022): UK gas prices eased on Monday on forecasts for warmer weather next month
Oil prices edged up on Monday, trading near seven-year highs, as investors await that supplies will stay tight, due to limited production rise by major oil producers and a strong recovery in fuel demand. Tensions between Russia and the West also underpinned crude prices, which soared by about 17% in January, the biggest monthly gain since February 2021. As such, Brent crude price rose by 1.3% to settle at $91.21 a barrel. The American WTI crude closed 1.5% higher at $88.15 a barrel.
read more... 01/02/2022
Daily (20.01.2022): Oil prices were bullish on Wednesday, supported by forecasts for stronger demand
Crude oil prices rose on Wednesday, as the International Energy Agency (IEA) predicted a rise in crude demand, despite the spread of the Omicron variant. Furthermore, the situation was exacerbated by the apparent inability of OPEC+ to meet its production targets. Thus, Brent oil gained 1.1% at $88.44 a barrel and WTI crude jumped by 1.8% to $86.96 a barrel.
read more... 20/01/2022
VW and Bosch team up to boost Europe's battery ambitions
Volkswagen and Robert Bosch plan to set up a joint venture by the end of this year to equip battery cell factories and help make Europe self-sufficient in battery production.
read more... 20/01/2022
Abu Dhabi's Masdar signs green hydrogen deals with Engie, TotalEnergies
Abu Dhabi renewable energy group Masdar has signed a deal to develop a green hydrogen production plant in the United Arab Emirates with France's Engie and Fertiglobe, the company said on Wednesday.
read more... 20/01/2022