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Daily (14.03.2022): Brent crude rose by over 3% on Friday, boosted by supply worries amid the war in Ukraine
Crude oil prices strengthened on Friday, as brokers secured positions in a market still buoyed by fears of global supply disruptions due to the war between Russia and Ukraine. As a result, Brent oil and WTI crude both soared by 3.1% to $112.67 a barrel and $109.33 a barrel, respectively.
read more... 14/03/2022
German finance minister open to new oil, gas drilling in North Sea
Germany should rethink its ban on allowing new drilling for oil and gas in the North Sea as it tries to reduce its dependence on Russian energy due to the invasion of Ukraine, Finance Minister Christian Lindner said on Sunday.
read more... 14/03/2022
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Power connection restored at Chornobyl nuclear plant
Ukraine’s nuclear power company Energoatom has informed International Atomic Energy Agency (IAEA) that the power supply to Chornobyl nuclear power plant (NPP) has now been restored.
read more... 14/03/2022
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Denmark resumes construction of Norway-Poland gas link
Construction of the Danish part of Baltic Pipe, which will connect Poland to Norwegian gas fields, is resuming following a nine month hiatus, Danish grid operator Energinet said on Tuesday.
read more... 14/03/2022
Daily (11.03.2022): British gas prices plummeted on Thursday as fears of a complete disruption of Russian energy abated
Oil prices retreated on Thursday, taking a breather after a period of wild trading as Russia pledged to fulfill contractual obligations. Hence, Brent crude fell by $1.81, or 1.6%, to settle at $109.33 a barrel. U.S. WTI crude dropped by $2.68, or 2.5%, to settle at $106.02 a barrel.
read more... 11/03/2022