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Daily (28.04.2023): European carbon prices finally broke their six-day losing streak on Thursday, spurred by a strong auction
Oil prices saw a slight rebound following the sharp decline on Wednesday as investors eagerly anticipated the release of first-quarter growth figures for the United States, the world's largest consume. Brent crude saw a 1% increase day-on-day, ending at $78.37, while WTI crude rose by 0.6% to settle at $74.76 a barrel.
read more... 28/04/2023
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Norway plans to nationalise gas pipelines when concessions expire
Norway plans to nationalise most of its gas pipeline network when many existing concessions expire in 2028, the oil and energy ministry said on Friday, to tighten control over key infrastructure.
read more... 28/04/2023
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Spain appears to break EU’s Russian coal import embargo
There is convincing evidence that a cargo of Russia-origin coal may have been exported to Spain, thereby undermining an ongoing embargo on Russian coal imports imposed last summer, according to a Montel investigation.
read more... 28/04/2023
European hydrogen demand to jump 60% by 2030
European hydrogen consumption is set to grow rapidly over the next few decades – by 60% from current levels by 2030 and a further three-fold by 2040, said Aurora Energy Research on Thursday.
read more... 28/04/2023
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Daily (27.04.2023): Oil prices plunged on Wednesday, as the larger-than-expected drop in U.S. inventories failed to offset concerns about the global economy
Oil prices plunged on Wednesday, as the larger-than-expected drop in U.S. inventories and a rebound in demand failed to offset the escalating concerns about the global economy. As a result, Brent and WTI crude plummeted by around 4% day-on-day, to settle at $77.69 and $74.30 a barrel respectively.
read more... 27/04/2023