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Daily (10.09.2024): Oil prices rebounded on Monday as an approaching hurricane in the US is threatening crude production
Oil prices rebounded on Monday from previous session lows, buoyed by concerns over potential disruptions to offshore crude production and refinery operations in the US Gulf Coast due to an approaching hurricane. Brent crude rose by over 1%, closing at $71.84 per barrel. WTI crude gained 1.5%, settling at $68.71 per barrel.
read more... 10/09/2024
New trial to link heat networks with electricity grid
Heatropolis is a new trial by UK Power Networks that will explore how local heat networks can work with the electricity grid to improve energy supply and reduce carbon emissions.
read more... 10/09/2024
Bulgaria and Germany agree to cooperate on energy
Bulgaria and Germany signed a declaration on cooperation in energy, green policies and climate protection, the Bulgarian Energy Ministry announced on Sunday.
read more... 10/09/2024
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Greece to work with Romania, Bulgaria to fight surging power prices
Greece's energy minister said on Monday the unified EU electricity market was not working for southeastern Europe, and that it would work with Romania and Bulgaria towards a permanent solution to soaring power prices in the region.
read more... 10/09/2024
Daily (09.09.2024): Oil prices declined on Friday influenced by weak demand in China, the largest oil importer
Oil prices slid by over 2% on Friday, pressured by weak demand from China. Therefore, Brent crude settled at $71.06 per barrel, while WTI crude closed at $67.67 per barrel.
read more... 09/09/2024