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Daily (21.06.2024): Oil prices extended gains on Thursday amid stronger demand and escalating geopolitical tensions
Oil prices gained further ground on Thursday, spurred by a surge in US demand for refined products, as well as a tougher geopolitical context. Hence, Brent crude rose by about 1%, settling at $85.71 a barrel, while WTI crude increased by about 1% ending at $81.29.
read more... 21/06/2024
China says EU asked its EV makers turn over 'unprecedented' amounts of data
The European Commission sought an unprecedented amount of detailed information on Chinese automakers' supply chains during its investigation into the country's subsidized electric vehicle imports, China's commerce ministry said.
read more... 21/06/2024
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Jan De Nul to connect Princess Elisabeth Island to Belgian grid
The Jan De Nul Group, in consortium with LS Cable & System, has secured a contract to supply, install and test three 220kV alternating current subsea cables.
read more... 21/06/2024
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EU sanctions target Russian gas for the first time, diplomats say
European Union countries agreed on a 14th package of sanctions against Russia over its war in Ukraine, diplomats said on Thursday, including their first restrictions on Russian gas.
read more... 21/06/2024
Daily (20.06.2024): European carbon prices soared by about 3% following June options contract expiry and profit taking
Oil prices remained relatively flat to bearish on Wednesday as tepid demand and ample supply counterbalanced geopolitical tensions. Consequently, Brent crude declined by 0.3%, settling just above $85 a barrel, while WTI crude dropped by 1.3% to settle at $80.49.
read more... 20/06/2024