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Daily (01.08.2022): The NBP spot gas price dipped on Friday as UK gas system is balanced with Nordstream stable flows
Oil prices rose on Friday as attention shifted to the OPEC+ meeting this week and waning hopes that the producing group increasing supply soon. Thus, Brent crude oil price settled 2.7% higher to $110.01, WTI crude rose by 2.3% to $98.62 per barrel.
read more... 01/08/2022
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Spain’s windfall tax could hamper green investments
Spain’s new windfall tax on energy companies won’t be effective in curbing high power prices and could hamper investments in renewable energy, a Spanish power lobby said.
read more... 01/08/2022
Spain to propose to EU a cap on carbon emission permit prices
Spain will send a proposal to the European Union on limiting carbon emission permit prices in a bid to curb energy price increases and their effects on inflation, Prime Minister Pedro Sanchez told a news conference on Friday.
read more... 01/08/2022
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Italy's Eni confident it will replace Russian gas by 2025
Italian energy group Eni believes it will be able to completely replace Russian gas imports by 2025 as uncertainty over Moscow's energy supplies to Europe forces countries to seek alternative sources.
read more... 01/08/2022
Daily (29.07.2022): EUAs soared on Thursday, as the market prepares for a month of tight auctions
Crude oil prices were volatile on Thursday, buoyed by supply concerns ahead of the meeting between OPEC and its allies. However, gains were limited by global economy recession fears. Thus, Brent crude rose by 0.5% to settle at $107.14 a barrel and WTI crude decreased by 0.9% to $96.42 per barrel.
read more... 29/07/2022