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Daily (07.08.2023): Oil prices extended gains on Friday after Saudi Arabia extended its production cuts until September
Oil prices climbed further on Friday, driven by tight supplies, as Saudi Arabia extended its cuts in production until September, while Russia followed its lead. Hence, Brent crude increased by 1.3% to $86.24 a barrel, while WTI crude advanced by 1.6% to settle at $82.82 a barrel.
read more... 07/08/2023
Daily (07.08.2023): Oil prices extended gains on Friday after Saudi Arabia extended its production cuts until September
Oil prices climbed further on Friday, driven by tight supplies, as Saudi Arabia extended its cuts in production until September, while Russia followed its lead. Hence, Brent crude increased by 1.3% to $86.24 a barrel, while WTI crude advanced by 1.6% to settle at $82.82 a barrel.
read more... 07/08/2023
France becomes top European power exporter on nuclear upturn
France overtook Sweden to become Europe’s biggest net power exporter in the first half of 2023, amid an increase in nuclear power availability, while Germany ramped up imports, said Montel’s EnAppSys on Friday.
read more... 07/08/2023
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UK must build power lines faster, urges government’s first energy networks commissioner
The UK has the opportunity to accelerate the construction of new power lines, effectively tackling the long-standing backlog of renewable energy projects waiting to connect to the electricity grid.
read more... 07/08/2023
US scientists repeat fusion ignition breakthrough for 2nd time
U.S. scientists have achieved net energy gain in a fusion reaction for the second time since December, the Lawrence Livermore National Laboratory said on Sunday.
read more... 07/08/2023