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Daily (13.10.2022): Oil prices fell on Wednesday due to demand concerns
Oil prices fell on Wednesday after OPEC revised down the outlook for the global demand. Brent crude finally closed 2% lower at $92.45 a barrel. WTI crude decreased by 2.3% to $87.27 per barrel.
read more... 13/10/2022
EU countries eye scrapping 45% renewables target
EU countries are considering watering down the European Commission’s plan to ditch Russian fossil fuels, known as REPowerEU, including scrapping a proposed 45% renewable energy target for 2030, according to a document seen by EURACTIV.
read more... 13/10/2022
Portugal pledges 3 bln euros to lower power prices for companies
Portugal will inject 3 billion euros ($2.91 billion) to curb energy prices paid by companies next year via a combination of state spending and regulatory measures, the government said on Wednesday.
read more... 13/10/2022
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Poland detects leak on Druzhba oil pipeline to Germany
Polish pipeline operator Pern said it has detected a leak in the northern leg of the Druzhba crude pipeline between the central Polish city of Plock and the German border.
read more... 13/10/2022
Daiy (12.10.2022): Oil prices declined amid worsening global economic outlook
Oil prices had a bearish evolution on Tuesday, as a result of a worsening prognosis for global economic outlook due to the conflict in Ukraine. Consequently, Brent crude tumbled by 1.9% to $94.29 a barrel, and WTI oil dipped by 1.9% to $89.35 a barrel.
read more... 12/10/2022