Europe's $4.5 trillion natural gas derivatives market has become less transparent since Russia's invasion of Ukraine and faces risks due to a small number of market players and low liquidity, the European Union's securities watchdog said on Friday.
read more... 15/05/2023
Sweden's Northvolt said it will invest several billion euros to build an electric-vehicle battery cell plant in Germany, after speculation that the company could divert planned investment to the United States.
read more... 15/05/2023
British homes could be heavily dependent on foreign gas as the UK faces a decline in North Sea gas output.
read more... 15/05/2023
Crude oil prices retreated on Friday, heading for a fourth consecutive weekly loss as the debt-ceiling impasse in Washington and broader economic concerns continued to weigh. Hence, Brent crude declined by 1% to settle at $74.17 a barrel. Meanwhile, U.S. WTI crude fell by 1.2% to end at $70.04 a barrel.
read more... 15/05/2023
Oil prices continued losing ground on Thursday, weighed down by the prospect of resumption of Iraqi Kurdish oil exports to Turkey, as well as by a worrying macroeconomic outlook. Thus, Brent crude declined by about 2% to settle at $74.98 a barrel. WTI crude dropped by around 2.3% to $70.87 a barrel.
read more... 12/05/2023