Latest news
EU won't ban Russian LNG until it secures alternatives
The European Commission did not propose a ban on Russian liquefied natural gas in its latest package of sanctions because member states raised concerns about first securing alternatives including from the United States, EU diplomats said.
read more... 29/01/2025
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Germany's weak winds stoke Europe-wide power market worries
Wind power generation in Germany - Europe's largest wind producer - is on track to record its longest stretch of below-normal production since early 2021 due to a spell of low wind speeds since October.
read more... 29/01/2025
Daily (29.01.2025): EUA’s prices rose by 1% on Tuesday as traders defend gains despite bearish pressure
Oil prices gained over 0.5% on Tuesday, driven by statements from the White House spokesperson regarding the implementation of tariffs, in a market closely monitoring developments in Libyan exports. Brent crude closed at $77.49 per barrel. Meanwhile, WTI settled at $73.77 per barrel.
read more... 29/01/2025
Daily (28.01.2025): Oil prices dropped amid a selloff in financial markets, particularly AI stocks
Oil prices fell by 2% on Monday as market participants opted for caution amidst a downturn in the stock market, weighed down by declining valuations of companies linked to artificial intelligence. Brent crude closed at $77.08 per barrel. Meanwhile, WTI crude settled at $73.17 per barrel.
read more... 28/01/2025
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Dying German government musters majority for solar panel restrictions
A majority of German parties agreed on Monday to adopt fixes to the country's energy policy framework, including cuts to solar subsidies during negative price periods.
read more... 28/01/2025