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Daily (23.12.2024): British gas prices rose on Friday due to uncertainty surrounding eastern European gas transit
Oil prices stayed relatively stable on Friday, as a slight dip in the dollar following a key U.S indicator was offset by unfavourable fundamentals expected for the upcoming year. Brent crude closed at $72.94 per barrel, while WTI crude settled at $69.46 per barrel.
read more... 23/12/2024
France adds first nuclear reactor in 25 years to grid
France connected the Flamanville 3 nuclear reactor to its grid on Saturday morning, state-run operator EDF said, in the first addition to the country's nuclear power network in 25 years.
read more... 23/12/2024
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Germany scraps gas levy for other countries
Germany's parliament on Friday agreed to exempt countries transiting gas from a domestic gas levy, a move welcomed by eastern neighbours who argued the fee hampered their efforts to diversify away from Russian supplies.
read more... 23/12/2024
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Europe's energy taxes are worsening industry woes
Governments hunting for ways to aid Europe's struggling industries should take aim at the continent's high energy taxes, which are eroding competitiveness, the head of Europe's electricity lobby told Reuters.
read more... 23/12/2024
Daily (20.12.2024): EUAs surged by 4% on Thursday amid bullish gas prices and speculative buying
Oil prices retreated on Thursday a day after the Federal Reserve indicated a slower pace for interest rate cuts next year, with Brent crude falling by 0.7% to close at $72.88 per barrel. Meanwhile, WTI crude declined by 1.7%, settling at $69.38 per barrel
read more... 20/12/2024