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Daily (15.09.2020): European carbon prices rallied at their highest levels in a fortnight amid emergence of the European Commission’s 2030 plan

Crude oil futures traded in a narrow range to end slightly lower on Monday as the global demand outlook remains uncertain and Libya announced a possible output resumption. However, a storm which halted the crude production in the U.S. Gulf of Mexico region tempered losses. Hence, Brent crude slipped by 22 cents, or 0.6%, to settle at $39.61 a barrel, while U.S. WTI crude futures were down 7 cents, or 0.2%, to end at $37.26 a barrel.

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Hitachi Plans to Exit U.K. Nuclear Power Project

Hitachi Plans to Exit U.K. Nuclear Power Project

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UK Government sinks plan for new coal mine in England

The Government of UK has refused to allow an open cast coal mine being developed in northeastern England.

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Middle East to become major LNG supplier as global fossil fuel demand wanes

Coronavirus pandemic and climate policies will leave a lasting effect on global energy demand, says annual report.

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Daily (14.09.2020): Crude oil fell by nearly 6.7% on a weekly basis, amid global demand worries and rising crude stocks

Oil prices declined on Friday posting their second consecutive weekly loss, amid worries over global fuel demand and a continuing rise in crude inventories. As a result, Brent crude fell by 0.6% to settle at $39.83 a barrel. Meanwhile, WTI futures was almost flat at $37.33 a barrel,

read more... 14/09/2020

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