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Daily (07.02.2023): Oil prices rose on Monday amid reviving demand from China.
Oil prices gained ground on Monday amid rising oil demand from China. Consequently, Brent crude rose by 1.3% to $80.99 a barrel and WTI oil increased by almost 1% to $74.11 a barrel.
read more... 07/02/2023
Poland eyes boost for nuclear energy in EU power market reform
Poland has urged the European Union to use upcoming reforms to Europe's electricity market to do more to support investments in nuclear energy, according to a document seen by Reuters.
read more... 07/02/2023
Denmark awards first CO2 storage licences in the North Sea
Denmark has awarded its first licences to capture and store carbon in the North Sea to Wintershall Dea, INEOS Energy and TotalEnergies, the country's climate and energy ministry said on Monday.
read more... 07/02/2023
UK energy support schemes' cost halved as mild winter tames prices
Britain is likely to spend 69 billion pounds ($82.95 billion) on schemes to protect households and business from soaring electricity costs, half of the original estimate, a UK spending watchdog said, as a mild winter softened energy costs.
read more... 07/02/2023
Daily (06.02.2023): Oil prices fell on Friday, amid high US inventories and a gloomy economic outlook.
Oil prices decreased on Friday, amid rising US crude inventories and a gloomy economic outlook. A further potential rise in US interest rates also weighed on prices. Consequently, Brent crude fell by almost 3% to $79.94 a barrel and WTI oil dipped by 3.3% to $73.39 a barrel.
read more... 06/02/2023