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Daily (21.02.2024): British near-term gas prices turned bullish on Tuesday due to reduced Norwegian flows and stronger demand
On Tuesday, oil prices fell due to concerns over a recession and weaker demand. Brent crude dropped by 1.5% to $82.34, while WTI Crude decreased by approximately 2% to $77.04, despite potential supply disruptions caused by the ongoing political conflict in the Middle East.
read more... 21/02/2024
The Belgian Presidency’s plan to unblock the EU’s energy taxation directive
Euractiv got hold of the Belgian Presidency’s plan to unblock the EU Energy Taxation Directive, which is currently stuck because of the unanimity rule applying to tax matters.
read more... 21/02/2024
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EU act “not enough” to save solar sector
Draft EU legislation aimed at boosting the share of solar energy built in the EU is “insufficient”, a French government source told Montel.
read more... 21/02/2024
EDF extends UK nuclear outages
EDF Energy has announced further extensions to the outages of four nuclear reactors in the UK.
read more... 21/02/2024
Daily (20.02.2024): Carbon prices plummeted on Monday, following an aggressive selling
Oil prices were mixed on Monday. Brent crude edged 0.1% higher at $83.56, amid ongoing geopolitical tensions that continue to impact the market. Meanwhile, WTI Crude declined by about 1% to $78.47, amid signs of weaker demand.
read more... 20/02/2024