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Daily (24.10.2024): European carbon prices surged by 4% on Wednesday amid short-covering
Oil prices dropped by 1.4% on Wednesday following remarks from the U.S. Secretary of State in Israel calling for an end to the Gaza conflict, coupled with rising U.S. crude inventories. Brent crude set at $74.96 per barrel, while WTI crude closed at $70.77 per barrel.
read more... 24/10/2024
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Denmark wants common EU answers to Chinese wind competition.
Denmark will seek a common EU approach for how to tackle increased Chinese competition in the European wind market, the country's climate and energy minister said ahead of a meeting on Thursday with the EU Commission and industry leaders.
read more... 24/10/2024
EC awards EUR 4.8bn from ETS fund to net-zero projects.
All the projects are to start operating before 2030 and together could avoid 476m tonnes of CO2 emissions over their first 10 years, the EU executive said on Wednesday.
read more... 24/10/2024
European suppliers group warns against China tariffs as a quick fix.
Any tariffs imposed on Chinese electric vehicle imports to Europe could boomerang against European companies, officials at suppliers lobbying group CLEPA said.
read more... 24/10/2024
Daily (23.10.2024): Oil prices rose by 2% on Tuesday, driven by strong demand signals from China and the potential for an imminent Israeli strike on Iran
Oil prices closed 2% higher on Tuesday, boosted by upbeat demand indicators from China and the growing threat of a possible Israeli attack on Iran. Brent crude closed at $76.04 per barrel, while WTI crude set at $71.74 per barrel.
read more... 23/10/2024