On Monday, oil prices were rather constant due to uncertainty surrounding the fluctuating demand from China. Brent crude edged 0.2% higher at $82.21 a barrel, while WTI Crude slipped by 0.1% to $77.93 a barrel.
read more... 12/03/2024
Oil prices recovered slightly on Thursday after falling to their lowest levels since July the previous day, with the market betting on an extension of OPEC+ cuts. Hence, Brent crude settled at $80.01 a barrel, while WTI crude closed at $75.74 a barrel, both contracts edging about 0.5% higher.
read more... 10/11/2023
The European Commission has adopted a new carbon border adjustment mechanism (CBAM) for certain imported goods, it said on Thursday.
read more... 18/08/2023
Germany will cancel a “residual” sum of carbon allowances – that one analyst put below 14m tonnes – associated with power plant closures in 2021 under the country’s coal phase-out, the energy ministry has told Montel.
read more... 09/03/2023
Oil prices fell on Tuesday, amid concerns about the global economy and prospects of another US interest rate hike. As a result, Brent crude oil declined by 1.3% day-on-day to settle at $83.05 a barrel.
read more... 22/02/2023