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Daily (02.10.2024): Oil prices rose by over 2% on Tuesday amid escalating tensions in the Middle East

Oil prices surged by over 2% on Tuesday after Iran launched missiles at Israel, heightening tensions in the Middle East. Brent crude closed at $75.56 per barrel, while WTI crude gained settled at $69.83 per barrel.

read more... 02/10/2024

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Germany Undecided on Whether to Support EU Tariffs on Chinese EVs

Germany hasn’t decided yet if it would support the EU’s plans to officially introduce tariffs on electric vehicles imported from China, the chief economic adviser of German Chancellor Olaf Scholz told Bloomberg TV on Tuesday.

read more... 02/10/2024

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EEX closes Paris GO unit due to lack of legal renewal

The Paris branch of EEX removed access to its guarantees of origin (GOs) market on Monday evening and told Montel on Tuesday that this was due to the French government failing to reappoint the company to operate the country’s GOs registry.

read more... 02/10/2024

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Britain launches National Energy System Operator on road to net zero

Britain on Tuesday launched a National Energy System Operator (NESO) to oversee the country’s electricity and gas systems as it seeks to move towards its 2050 net zero climate target.

read more... 02/10/2024

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EU plans Oct. 4 vote on tariffs on EVs from China

The European Union is planning to vote Oct. 4 on whether to impose tariffs as high as 45 percent on imported electric vehicles made in China, according to people familiar with the matter.

read more... 01/10/2024

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