Latest news
Daily (23.11.2023): Oil prices fell on Wednesday following the postponement of the OPEC plus alliance meeting
Oil prices fell on Wednesday, after having initially stalled following the postponement of the OPEC+ alliance meeting from Sunday to Thursday November 30, with analysts believing that the postponement was linked to divergence within the alliance. Consequently, Brent crude settled at $81.96 per barrel, while WTI crude ended at $77.10 per barrel, down 1% day-on-day.
read more... 23/11/2023
Daily (22.11.2023): European carbon prices plummeted to a one-year-low amid weak auction and a bearish gas market
Oil prices changed slightly on Tuesday, reflecting a cautious market stance in anticipation of a weekend shortened by the Thanksgiving public holiday. The market is also marked by the highly awaited OPEC+ meeting scheduled for Sunday. Consequently, Brent crude ended at $82.45 per barrel, while WTI crude ended at $77.77 per barrel.
read more... 22/11/2023
.jpg)
German hard coal importers want extended run times for reserve plants
Germany's hard coal importers want the Berlin government to prolong the operation of hard coal-to-power generation plants enlisted in last year's energy crisis beyond the targeted end of March 2024, the VDKi lobby said on Tuesday.
read more... 22/11/2023
Portugal urged to reduce energy support measures
Portugal must reduce energy support measures as soon as possible this year and next, according to a European Commission report published on Tuesday, highlighting Portugal’s limited progress in implementing the Commission’s budgetary recommendation.
read more... 22/11/2023
North Sea nations agree to auction 15 GW/year offshore wind
Ministers of nine northwestern EU countries have agreed to commit to a combined annual offshore wind capacity auction of 15 GW to improve planning and coordination, they said after a joint meeting on Monday.
read more... 22/11/2023