Latest news
Daily (24.08.2023): Crude prices shed by 1% on Wednesday due to increased U.S. gasoline inventories
On Wednesday, crude oil prices fell due to concerns over increased U.S. gasoline inventories. Hence, Brent crude declined by 1% to $83.21 a barrel, while WTI crude dropped by 0.9% $78.89 a barrel.
read more... 24/08/2023
.jpg)
EU to open third round of joint gas buying in September
The European Union will open its third round of joint gas buying next month, as the bloc moves to secure supplies in preparation for another winter with scarce Russian gas.
read more... 24/08/2023
“Ofgem’s new price cap could push 6.3m UK homes deeper into fuel poverty”
Ofgem‘s new energy price cap might not be enough to prevent 6.3 million UK households from falling into fuel poverty.
read more... 24/08/2023
German industry leans on Berlin for swift carbon storage plan
Leading German companies have urged Berlin to make public its strategy to enable carbon capture and storage by the end of this year, as they seek to capitalise on weakened opposition to the technology and prevent any political delay.
read more... 24/08/2023
Daily (23.08.2023): European carbon prices surged by over 2% amid bullish gas prices
Oil prices fell slightly on Tuesday due to the worsening economic outlook in China and uncertainties surrounding the possible impact of the economic slowdown in the US. Thus, Brent crude edged 0.5% down at $84.03 a barrel, while WTI crude traded 1.3% lower at $79.64 a barrel.
read more... 23/08/2023