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Daily Report (26.11.2024): Oil prices lost around 3% on Monday, as traders considered a potential ceasefire agreement in Lebanon
Oil prices lost around 3% on Monday, as traders considered a potential ceasefire agreement in Lebanon. Brent crude dropped to $73 per barrel, while WTI crude settled at $68.94 per barrel.
read more... 26/11/2024
Daily (25.11.2024): British gas prices eased on Friday due to stable Russian transit flows into Europe
Oil prices gained over 1% amid ongoing geopolitical risks related to the Russia-Ukraine conflict, along with higher US dollar. Brent crude closed at $75.17 per barrel, while WTI crude ended the day at $71.24 per barrel.
read more... 25/11/2024
Daily (22.11.2024): British gas prices hit a 1-year high on Thursday amid escalating tensions in Ukraine
Oil prices rose by approximately 2% on Thursday due to the escalation of the conflict in Ukraine, with Kiev accusing Moscow of launching an intercontinental missile. Brent crude closed at $74.23 per barrel, while WTI crude ended the day at $70.10 a barrel.
read more... 22/11/2024
UK energy bills to rise in January
Energy regulator Ofgem has announced a 1.2% increase in the energy price cap for January-March 2025, raising average household bills by £21 per year or £1.75 per month for those paying by direct debit.
read more... 22/11/2024
Sweden's Northvolt files for bankruptcy, in blow to Europe's EV ambitions
Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the U.S., dealing a blow to Europe's hopes that its most developed battery player would reduce Western car makers' reliance on Chinese rivals.
read more... 22/11/2024