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EU Begins Drafting Embargo On Russian Oil
The European Union has started drafting its proposal for an embargo on Russian oil imports as its latest response to the war in Ukraine, the New York Times reported, citing Brussels officials and diplomats.
read more... 18/04/2022
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Supply unease underpins coal prices
European coal prices were little changed in Thursday trading as an imminent sanction-related halt to Russian supply continued to unnerve market participants and there were signs of limitations to alternative South African exports.
read more... 15/04/2022
Daily (15.04.2022): Oil prices soared by about 2.5% on Thursday as EU mulls a ban on Russian oil imports
Crude oil prices extended gains on Thursday as traders considered the possibility of a European Union ban on imports of Russian oil. Hence, Brent crude soared by $2.92, or 2.68%, to settle at $111.70 a barrel. U.S. WTI crude closed $2.70 or 2.59% higher at $106.95 a barrel.
read more... 15/04/2022
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GERMAN – Curve tumbles up to EUR 5 with gas fall
German curve power contracts fell up to EUR 5 on Thursday pressured by falling gas prices as liquidity waned, with some anticipating volatility would dominate in the sessions ahead.
read more... 15/04/2022
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Swiss power demand rises 4.3% in 2021 amid recovery
Switzerland’s net power demand rose 4.3% on the year to 58.1 TWh in 2021 due to its economic recovery after the previous year’s coronavirus lockdown, said the country’s energy ministry on Thursday.
read more... 15/04/2022