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Daily (06.12.2024): Energy prices were slightly bearish on Thursday amid high renewables and milder weather

Oil prices fell slightly on Thursday despite the OPEC+ alliance's decision to postpone its production increase by a quarter, as traders minimized its perceived impact on supply. Brent crude closed at $72.09 per barrel, while WTI crude edged down at $68.30 per barrel.

read more... 06/12/2024

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UK clarifies 2030 energy target as 95% green power

UK Prime Minister Keir Starmer has clarified that his government’s pledge to achieve a net-zero energy sector by 2030 does not necessarily mean 100% clean power, and that the country will instead aim for 95% low carbon energy by 2030.

read more... 06/12/2024

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Serbia plans for future with nuclear energy

Serbia's National Assembly has voted through amendments to the energy law which has ended the 35-year prohibition on the construction of nuclear power plants.

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Russian Oil Supply via Druzhba Pipeline to Czech Republic Remains Halted

Crude oil supply from Russia to the Czech Republic via the Druzhba pipeline remained halted on Thursday, a spokesperson for Czech refiner Unipetrol told Reuters.

read more... 06/12/2024

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The flow of Russian oil through the Druzhba pipeline to the Czech Republic is still suspended.

Crude oil deliveries from Russia to the Czech Republic through the Druzhba pipeline remained suspended on Thursday, according to a spokesperson from Czech refiner Unipetrol who spoke to Reuters.

read more... 06/12/2024

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