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Daily (01.11.2023): Oil prices fell on Tuesday as economic concerns ahead of the US interest rate decision outweighed supply risks driven by the Middle Eastern conflict
Oil prices fell on Tuesday as economic concerns ahead of the US interest rate decision outweighed supply risks driven by the Middle Eastern conflict. Thus, Brent crude remained rather stable at $87.41 per barrel, and WTI crude dropped by 1.6% to close at $81.02 per barrel.
read more... 01/11/2023
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Czechia progresses on new nuclear unit as three companies bid for contracts
The construction of a new nuclear power unit has moved forward with binding bids accepted from US-Canadian Westinghouse, France’s EDF and the Korean company KHNP, announced ČEZ’s Director of New Energy Division Tomáš Pleskač.
read more... 01/11/2023
Netherlands starts construction of national hydrogen network
The King of the Netherlands Willem-Alexander has performed the official ceremony to start work on the construction of a national hydrogen network in the Netherlands.
read more... 01/11/2023
Europe may not need additional LNG terminals
Europe may find itself with excess LNG capacity following a flurry of newbuild import terminals and project announcements in the wake of Russia’s invasion of Ukraine, amid declining demand, according to analysts.
read more... 01/11/2023
Daily (31.10.2023): European spot electricity prices skyrocketed on Monday due to falling wind output and stronger demand
Oil prices plummeted by over 3% on Monday as economic concerns ahead of the next US interest rate decision this week outweighed supply risks driven by the Middle Eastern conflict. Thus, Brent crude settled at $87.45 a barrel, while WTI crude stood at $82.31 a barrel.
read more... 31/10/2023