Latest news
Daily (05.07.2023): Oil prices rose by 2% on Tuesday amid output cuts by Russia and Saudi Arabia
Crude oil prices rose on Tuesday following the announcement made by Russia and Saudi Arabia regarding further oil production cuts. Hence, Brent crude added 2.1% to settle at $76.25 a barrel. Meanwhile, WTI crude surged by 2.2% to end at $71.32 a barrel.
read more... 05/07/2023
.jpg)
Spain takes over EU power market reform challenge
Spain has taken over the EU’s power market reform challenge after Sweden failed to broker an informal agreement between the bloc’s members during the final three months of its presidency.
read more... 05/07/2023
Italy boosts 2030 renewable capacity goal to 131 GW
Italy expects to reach 131 GW of renewable energy capacity by 2030, more than doubling the country’s current green power fleet, according to a revision of its climate and energy plan seen by Montel.
read more... 05/07/2023
Dutch cabinet to play larger role in domestic energy transition
The Dutch government will play a bigger role in the country’s quest for climate neutrality by 2050, Climate and Energy Minister Rob Jetten (D66/Renew) stated during a press conference on Monday.
read more... 05/07/2023
Daily (04.07.2023): Oil prices fell slightly on Monday as global macroeconomic concerns persist
On Monday, crude oil prices decreased amid global macroeconomic concerns and possible further interest rate hikes. Thus, Brent crude slipped by 0.3% to settle at $74.65 a barrel. Meanwhile, WTI crude dropped by 1.2% to end at $69.79 a barrel.
read more... 04/07/2023