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Daily (01.09.2022): UK gas prices hit a 13-day low on Wednesday as storage injection goals completed earlier
Oil prices fell on Wednesday due to concerns that the global economy would slow down much further. As a result, Brent crude oil declined by 2.8% to settle at $96.49 a barrel. WTI crude fell by 2.3% to $89.55 a barrel.
read more... 01/09/2022
Belgium supports energy price caps, suspending trading in EU power crunch
Belgium has backed introducing price caps for European Union's gas and electricity hubs, as well as suspending trade in case of "irrational market behaviour", according to a note seen by Reuters on Monday.
read more... 01/09/2022
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Germany to refill gas storage ahead of schedule
Germany’s energy and climate ministry expects to meet a target early to replenish the country’s gas stocks, ensuring households and industry will be supplied this winter, Der Spiegel reported at the weekend.
read more... 01/09/2022
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Denmark and Germany reach deal on 3 GW “energy island”
Denmark and Germany have reached an agreement to connect the Danish energy island Bornholm, with an installed capacity of 3 GW, to the German mainland via an interconnector.
read more... 01/09/2022
Daily (31.08.2022): Gas prices fell sharply on Tuesday as storage replenishment improved considerably
Crude oil prices lost ground on Tuesday in a volatile week, as markets continue to fear a global recession and demand is declining. On the other side, Saudi Arabia urges OPEC+ to cut more supply which could support the market later on. Nevertheless, Brent and WTI crude traded 5.5% lower at $99.31 a barrel, and $91.64 respectively.
read more... 31/08/2022