Daily (22.04.2019): The energy complex was calm on Friday due to Easter holidays

22/04/2019 10:04 Daily

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The overall trade on energy markets was muted by the long weekend occasioned by Easter holidays. Oil, gas and carbon prices remained untraded, taking a pause before the resumption of the trading activity this week.

By way of exception, the European day-ahead power prices were mixed on Friday. The price for the German spot power contract traded 2% higher at 34.52 EUR/MWh, due to a sharp drop in the wind power supply. On the other side, the equivalent French contract price plunged by 16.5% to 30.31 EUR/MWh, weighed by low holiday demand amid steady nuclear availability.

 

Along the curve, electricity prices were untraded on Friday due to Easter holidays.

 

Daily (16.05.2019): British forward gas prices rose by almost 2% on Wednesday, tracking the bullish trend in oil prices

16/05/2019 10:36:00

Crude oil prices rose on Wednesday, due to the conflict in the Middle East that could disturb global supplies. Meanwhile, a surprise rise in U.S. crude stocks limited the gains. Brent crude climbed by 0.7% to $71.77 a barrel, while WTI futures settled 0.4% up at $62.02 a barrel.

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Gazprom confirms first gas via TurkStream by December

16/05/2019 09:15:00

Russia's Gazprom expects to send its first gas through the TurkStream natural gas pipeline to Turkey by the end of December, Gazprom's deputy chairman Vitaly Markelov said late Tuesday.

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GE Steam Power and partners synchronize 900MW power unit to Polish grid

16/05/2019 09:03:00

GE Steam Power, Polska Grupa Energetyczna (PGE) and the GE-led consortium partners have synchronized the Opole Unit 6, with 900MW generating capacity, to the Polish grid.

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