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Daily (01.08.2022): Brent spiked above $100 a barrel for the first time since 2014 on news sanctions against Russia
Oil prices finished sharply higher on Monday amid the latest round of restrictions from the West put in place against Russia – in particular the removal of some Russian banks from Swift. Hence, Brent crude soared by $3.06, or 3.1%, to settle at $100.99 a barrel. U.S. WTI crude surged by $4.13, or 4.5%, to end at $95.72 a barrel.
read more... 01/03/2022
Daily (28.02.2022): European front-year electricity prices saw a sharp correction on Friday amid plunging commodity prices
Oil prices retreated from a seven-year high on Friday due to easing concerns of near-term supply disruptions amid a lack of Western sanctions against the Russian energy sector. Hence, Brent crude decreased by $1.15, or 1.2%, to settle at $97.93 a barrel on Friday. U.S. WTI crude fell by $1.22, or 1.3%, to settle at $91.59 a barrel.
read more... 28/02/2022
EU energy ministers to discuss plans for supply shocks from Ukraine crisis
Energy ministers from European Union countries will on Monday discuss preparations for potential energy supply shocks and measures to shore up gas stocks following Russia's invasion of Ukraine.
read more... 28/02/2022
Nuclear, coal, LNG: 'no taboos' in Germany's energy about-face
Germany signalled a U-turn in key energy policies on Sunday, floating the possibility of extending the life-spans of coal and even nuclear plants to cut dependency on Russian gas, part of a broad political rethink following Moscow's invasion of Ukraine.
read more... 28/02/2022
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Europe wants to speed up power grid link with Ukraine
The European Union wants Ukraine's electricity grid to be synchronised with the European network as soon as possible, the bloc's energy policy chief said on Sunday, in a step that would make it more independent from Russia.
read more... 28/02/2022