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Daily (07.09.2020): WTI spot dipped by around 4% on demand concerns
Oil prices tumbled on Friday, as Covid-19 crisis continues to weigh on oil consumption at a time when OPEC group and its allies are easing historic output cuts. Hence, Brent crude for November delivery fell by 3.2% to settle at $42.66 a barrel. While, WTI crude traded 3.9% lower at $39.77 a barrel.
read more... 07/09/2020
French recovery bets on hydrogen
€100bn plan to get economy back on track will include support mechanism for green fuel
read more... 07/09/2020
Apple to get power from 2 giant turbines in Esbjerg
Apple Inc yesterday said it will be buying power for its data centre in Viborg, Denmark from two 200-metre-tall wind turbines in the seaport town of Esbjerg.
read more... 07/09/2020
Giant onshore wind farm in Austria granted €107.4m
The 143MW wind farm will generate enough electricity to power around 90,000 homes
read more... 07/09/2020
Daily (04.09.2020): Oil prices fell on Thursday, with Brent at its lowest settlement since July 31 amid gloomy demand outlook
Crude oil prices extended losses on Thursday amid persistent concerns about the demand outlook a day after weak U.S. gasoline demand data. The market picture remains focused on muted demand growth in the United States and elsewhere, while global producers began to bring more supply into the market last month. In this context, Brent crude for November delivery declined slightly by 36 cents, or 0.8%, to settle at $44.07 a barrel, the lowest settlement since July 31. U.S. WTI crude for October delivery lost 14 cents, or 0.3%, to close at $41.37 a barrel, the lowest level since August 7.
read more... 04/09/2020