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Daily (17.01.2023): German and French Cal24 electricity prices fell by 10% on Monday in response to the rapid price falls across the fuel market
Oil prices drifted lower for the first time in eight sessions on Monday, with China announcing 60,000 Covid-related deaths in the past month further stoking demand concerns. Hence, Brent crude declined by 82 cents, or 1% at $84.46 a barrel. U.S.WTI crude eased by 1.3% to $78.85 a barrel.
read more... 17/01/2023
Lack of data thwarts EU's first attempt to launch LNG price assessment
European Union energy regulators have been unable to launch a planned liquefied natural gas (LNG) price assessment because they have not receive enough data from market participants.
read more... 17/01/2023
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EDF and Respect Energy to develop nuclear projects in Poland
French energy company EDF has signed an exclusive cooperation agreement with Polish electric utility Respect Energy to jointly develop nuclear power projects in Poland.
read more... 17/01/2023
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Germany in talks with Iraq over possible gas imports
Germany is in talks with Iraq over the possibility of importing natural gas from the oil-rich country, Chancellor Olaf Scholz said on Friday, as Berlin scrambles to diversify its energy sources to replace a drop in Russian fossil fuel shipments.
read more... 17/01/2023
Daily (16.01.2023): NBP spot rose by nearly 4% on Friday on forecasts of colder weather
Crude oil prices continued to gain ground on Friday, driven by the rising Chinese demand and the prospect of easing inflationary pressures. As a result, Brent crude oil rose by $1.25, or 1.4 percent, to $85.28 a barrel. U.S. WTI crude oil settled at $79.86 a barrel, gaining $1.4, or almost 2%%, on a day-over-day basis.
read more... 16/01/2023