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Daily (25.08.2021): Crude oil prices rose on Tuesday amid easing demand fears
Oil prices continued to rise in yesterday’s session as China has rapidly brought local virus cases down to zero and traffic is showing signs of recovery, thus easing demand concerns. Brent crude increased by 3.4% to settle at $71.05 a barrel. At the same time, the American WTI crude ended 2.9% up at $67.54 a barrel.
read more... 25/08/2021
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Elgin Energy agrees funding for 1.36 GWp of UK, Irish solar
UK solar and storage developer Elgin Energy will receive debt from German private bank Berenberg to finance the late-stage development of 1.36 GWp of solar projects in the UK and Ireland.
read more... 25/08/2021
Chevy Bolt Recall Raises Concerns About Lithium Battery Safety
So far, it has been largely Samsung cell phones or laptops batteries that have caught the media’s attention when devices have caught fire, particularly in contained locations like aircraft or offices.
read more... 25/08/2021
Wind, low demand limit UK power sector CO2
Increased wind output and the lowest demand in over a year have reduced the call on fossil-fuel assets in the UK this month, putting the carbon intensity of the country's power sector on track for a significant decline despite record low nuclear generation.
read more... 25/08/2021
Daily (24.08.2021): Crude oil prices rebounded on Monday due to a weaker dollar
Oil prices strongly rebounded on Monday amid signs of improving situation in China. In addition, a weaker American dollar also provided some support to the crude markets. Despite demand concerns due to rising cases of the Delta variant, Brent oil soared by 5.5% to settle at $68.75 a barrel. The American WTI crude gained 5.6% at $65.64 a barrel.
read more... 24/08/2021