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Daily (24.06.2024): Gas prices dropped on Friday on the back of easing supply concerns

On Friday, oil prices retreated, weighed by a strong dollar and weakening economic activity in the Eurozone. Nonetheless, investors remain vigilant about the geopolitical risks in the Middle East. Hence, Brent crude edged 0.6% lower, reaching $85.24 a barrel. WTI crude slipped by about 0.7% to settle at $80.73.

read more... 24/06/2024

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Daily (21.06.2024): Oil prices extended gains on Thursday amid stronger demand and escalating geopolitical tensions

Oil prices gained further ground on Thursday, spurred by a surge in US demand for refined products, as well as a tougher geopolitical context. Hence, Brent crude rose by about 1%, settling at $85.71 a barrel, while WTI crude increased by about 1% ending at $81.29.

read more... 21/06/2024

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China says EU asked its EV makers turn over 'unprecedented' amounts of data

The European Commission sought an unprecedented amount of detailed information on Chinese automakers' supply chains during its investigation into the country's subsidized electric vehicle imports, China's commerce ministry said.

read more... 21/06/2024

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Jan De Nul to connect Princess Elisabeth Island to Belgian grid

The Jan De Nul Group, in consortium with LS Cable & System, has secured a contract to supply, install and test three 220kV alternating current subsea cables.

read more... 21/06/2024

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EU sanctions target Russian gas for the first time, diplomats say

European Union countries agreed on a 14th package of sanctions against Russia over its war in Ukraine, diplomats said on Thursday, including their first restrictions on Russian gas.

read more... 21/06/2024

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