Latest news
Daily (07.12.2023): Gas prices gained ground on Wednesday, supported by forecasts of stronger demand due to cold weather in the upcoming weeks
On Wednesday, oil prices plunged by around 4%, hitting a fresh five-month low, as the market struggled to identify catalysts for a potential rebound. Consequently, Brent crude ended at $74.30 per barrel, while WTI crude finished below the $70 threshold at $69.38 per barrel.
read more... 07/12/2023
Slovakia to allocate more funding to avoid rising prices of household energy
The Slovak government will give €1.25 billion to energy aid next year in an effort to prevent a 20% increase in household electricity charges, Slovak Economy Minister Denisa Saková said on Wednesday.
read more... 07/12/2023
.jpg)
Poland's lawmakers vote in favour of energy bill in early test of green shift
Poland's parliament on Wednesday voted in favour of an amended bill to freeze energy prices put forward by Donald Tusk's newly-formed coalition as it seeks to tackle an early challenge to its policies to introduce greener energy and replace coal.
read more... 07/12/2023
Nuclear's share of world power output at multi-decade low
Global electricity production from nuclear energy dropped by 4% last year from 2021, with the technology's share of gross electricity generation falling to its lowest since the 1980s, an industry report showed on Wednesday.
read more... 07/12/2023
Daily (06.12.2023): Oil prices hit 5-month lows on Tuesday as concerns over demand persisted
Oil prices continued to decline on Tuesday, with both Brent and WTI reaching a 5-month low. The market sentiment remains pessimistic about the demand recovery, despite efforts to curb the supply. Thus, Brent crude closed at $77.20 per barrel, while WTI crude stood at $72.32 per barrel.
read more... 06/12/2023