Oil prices fell by 2% on Friday as investors became more hopeful about the possibility of a ceasefire in Gaza. Brent crude dropped to $73.06 per barrel, while WTI crude closed at $69.22 per barrel.
read more... 21/10/2024
Oil prices edged higher on Thursday due to a technical rebound, but market sentiment remained cautious due to concerns over weak global demand. Brent crude rose by 0.3%, closing at $74.45 per barrel, while WTI crude increased by 0.4%, settling at $70.67 per barrel.
read more... 18/10/2024
Oil prices inched down on Wednesday as traders tempered expectations of an imminent Israeli strike on Iran's energy infrastructure, while continuing to absorb reports of weak global demand. Brent crude was rather stable at $74.22 per barrel, while WTI crude decreased by 0.3%, settling at $70.39 per barrel.
read more... 17/10/2024
EU energy ministers are divided over how best to respond in the short-term to power price spikes, it emerged during their meeting in Luxembourg on Tuesday.
read more... 17/10/2024
The French government is expected to announce on Friday that floating projects will comprise 60% of its 10 GW offshore wind tender to be launched in early 2025, a French renewable energy lobby has said.
read more... 17/10/2024