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Daily (19.06.2024): Oil prices increased by more than 1% on Tuesday amid signs of stronger demand and geopolitical issues
Oil prices soared on Tuesday, boosted by hopes of a summer demand spike as well as geopolitical tensions. Hence, Brent crude increased by 1.3% to close at $85.33 a barrel, while WTI crude stood $81.57, climbing by 1.5% day-on-day.
read more... 19/06/2024
EU tariffs will not protect automakers
Reciprocal measures by China may hurt VW, Mercedes and BMW, which rely heavily on sales in the world's No. 1 market.
read more... 19/06/2024
Vattenfall and BASF select Vestas for 1.6GW projects in Germany
The agreement includes a five-year service and warranty contract, followed by an operational support agreement.
read more... 19/06/2024
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Global solar additions hit 447GW in 2023
Annual global solar installations grew by 87% in 2023, compared with the previous year, resulting in 447GW of new capacity.
read more... 19/06/2024
Daily (18.06.2024): Front-year power contracts posted sharp losses on Monday, tracking bearish gas prices
Oil prices surged to their highest closing levels in over a month as investors became more optimistic about the demand outlook. Hence, Brent crude rose by 2% to settle at $84.25 a barrel, while WTI crude reached $80.33, increasing by 2.4% day-on-day.
read more... 18/06/2024