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Daily (24.05.2022): European carbon prices extended losses to 5-week low on Monday amid weak auctions, uncertainty over reform

Oil prices settled marginally higher on Monday as fears of a future recession competed with the prospect of stronger fuel demand due to the forthcoming summer driving season in the United States and Shanghai's preparations to reopen after a two-month coronavirus quarantine. Hence, Brent crude rose by 87 cents, or 0.7%, to $113.42 a barrel. U.S. WTI crude steadied at $110.29 per barrel.

read more... 24/05/2022

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(Daily 23.05.2022): EUA prices fell to their lowest level in a month on Friday in the wake of the EU decision to release more allowances

Oil prices increased modestly on Friday due to strong demand and increased supply concerns, as Europe continues to restrict Russian oil. As a result, Brent crude gained 0.5% to end at $112.55 a barrel.

read more... 23/05/2022

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EU lawmakers move to block green investment label for gas and nuclear

European Union lawmakers will attempt to block a plan to label gas and nuclear energy as sustainable investments as Europe wrestles with reducing its carbon dioxide emissions to address climate change.

read more... 23/05/2022

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CIP plans large-scale hydrogen island in Denmark backed by 10 GW of offshore wind

Copenhagen Infrastructure Partners is planning to build an artificial island for renewable hydrogen production in the North Sea, backed by 10 GW of offshore wind, the company said May 20.

read more... 23/05/2022

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(Daily 20.05.2022): EUA prices falling to their lowest level since April 28

Oil prices rebounded on Thursday after two days of losses, back by dollar weakness and expectations that China could ease export curbs, boosting demand. As a result, Brent crude rose by 2.7% to $112.04 per barrel.

read more... 20/05/2022

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