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Daily (10.07.2020): U.S. WTI crude slipped below $40 on Thursday amid coronavirus concerns, swelling U.S. crude stockpiles
Crude oil futures fell on Thursday, with U.S. WTI crude slipping back below $40 a barrel as rising cases of coronavirus in the U.S. and some other countries, as well as higher U.S. stockpiles threatened to deteriorate the demand for crude. Hence, Brent crude for September delivery dropped by 94 cents, or 2.2%, to settle at $42.35 a barrel on the ICE Futures Europe. At the same time, U.S. WTI crude for August delivery decreased by $1.28, or 3.1%, to settle at $39.62 a barrel on the New York Mercantile Exchange. Both WTI and Brent on Wednesday hit their highest settlements since March 6.
read more... 10/07/2020
Daily (09.07.2020): Higher Norwegian flows led to an oversupply in the British gas system on Wednesday
Crude oil prices added momentum on Wednesday, following an increase in U.S. crude imports and a weekly decline in gasoline supplies that indicated an improvement in energy demand. Hence, Brent crude traded 0.5% higher at $43.29 a barrel. At the same time, WTI futures edged 0.7% higher at $40.90 a barrel.
read more... 09/07/2020
Equinor discovers gas, condensate in North Sea
Proven reserves are between 3 and 10 million standard cubic meters of recoverable oil equivalent
read more... 09/07/2020
‘Hydrogen is the rockstar of the energy system’
The European Commission has pledged to support the installation of at least 6GW of renewable hydrogen electrolysers in the EU by 2024
read more... 09/07/2020
Vestas wins 166MW Polish order
Two projects will comprise 48 V126-3.45MW turbines
read more... 09/07/2020