Oil prices edged higher on Friday, as OPEC members maintained optimism regarding recovery of global demand for black gold, at the same time continuing to enforce supply control policies. As a result, Brent crude increased by 0.9% to $59.34 a barrel, and WTI oil closed 1.1% higher at $56.85 a barrel.
read more... 08/02/2021
DENMARK said last Friday that it has approved plans to build an artificial island in the North Sea that could generate wind power for at least three million households.
read more... 08/02/2021
French nuclear generation availability is trending lower with three reactors scheduled to come offline for maintenance Feb. 6, market data showed Feb. 5.
read more... 08/02/2021
Ukraine's energy exchange UEEX plans to introduce trading products for gas held in underground storage facilities under the customs-free warehouse regime from late April.
read more... 08/02/2021
Oil prices rose on Thursday, to settle at their highest levels in over a year, propelled by OPEC+ commitment to restraint global supplies and falling U.S. inventories. However, the continued strengthening of the US dollar limited gains. Hence, Brent crude rose by 38 cents, or 0.7%, to settle at $58.84 a barrel. U.S. WTI crude increased by 54 cents, or 1%, to end at $56.23 a barrel.
read more... 05/02/2021