Latest news
Daily (14.06.2024): Energy prices remained relatively stable on Thursday
Oil prices fluctuated on Thursday but managed to end slightly higher, influenced by larger-than-expected US crude reserves, weakening US inflation data, and Federal Reserve announcements that bolstered the dollar. Hence, Brent crude stood at $82.75 per barrel, while WTI crude reached $78.62.
read more... 14/06/2024
France to build 14 new reactors by 2050
“The next government’s programme will include strong actions, for example eight new nuclear reactors, which is essential for the energy transition,” he said at a press conference following his controversial decision to call a snap election.
read more... 14/06/2024
Beijing urges EU to reverse 'wrong direction' on EV tariffs
Beijing hopes the European Union will reconsider tariffs on Chinese electric vehicles and stop going further in the "wrong direction" to shield its auto industry from competition, according to state news agency Xinhua.
read more... 14/06/2024
Ørsted to install Tesla battery storage system at Hornsea 3
Danish energy developer Ørsted has announced that it will install a Tesla battery storage system at its Hornsea 3 wind farm off the coast of East Anglia, UK.
read more... 14/06/2024
Daily (13.06.2024): Oil prices rose by 1% on Wednesday amid forecasts for demand growth
Oil prices increased on Wednesday as the market mainly responded to optimistic forecasts for global oil demand growth from the U.S. Energy Information Administration (EIA) and OPEC. Despite an unexpected rise in U.S. inventories and a hawkish statement from the U.S. Federal Reserve, Brent crude closed at $82.60 per barrel, while WTI crude reached $78.50, both contracts rising by 1% day-on-day.
read more... 13/06/2024