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Daily (01.09.2021): Oil prices ended the turbulent August with losses amid global health crisis
Crude oil prices declined on Tuesday following some sharp gains on the oil market over the last few weeks as investors weighed the prospect of additional OPEC+ production and the restoration of crude output in the U.S. after Hurricane Ida. Oil has endured a turbulent August, with Brent dropping by over 4% month-on-month and WTI crude falling by 7%. Both benchmarks posted their first monthly losses since March. Hence, Brent crude slipped by 0.6% day-on-day, to settle at $72.99 a barrel. U.S. WTI crude dropped by 1% to close at $68.50 a barrel.
read more... 01/09/2021
British Gas to freeze standard tariff direct debits until next year
British Gas has announced plans to freeze direct debit payments of customers on its standard variable tariffs (SVTs) until February.
read more... 01/09/2021
Shell to vastly expand EV charging network in Britain
Royal Dutch Shell on Wednesday announced plans to vastly expand its network of electric vehicle charging points in Britain, aiming to install 50,000 on-street posts by 2025.
read more... 01/09/2021
Google invests 1 billion euros in German datacenters through 2030
Online search giant Google said on Tuesday it would invest 1 billion euros ($1.2 billion) in Germany through 2030 to expand its datacenter operations and secure renewable power supplies to run them.
read more... 01/09/2021
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Daily (31.08.2021): Carbon prices extended gains to hit new highs over 60 EUR/tonne on Monday
Oil prices were slightly bullish on Monday, as Hurricane Ida forced several energy companies to begin shutting down production. Nevertheless, worries about pandemic’s impact on demand reduced gains. Consequently, Brent crude increased merely by 1% to $73.41 a barrel.
read more... 31/08/2021