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Daily: Crude oil retreats as focus moves from U.S. elections to crude oversupply, OPEC meeting
Crude oil prices declined over 1 percent on Thursday as the markets digested the shock over U.S. President-elect Donald Trump's victory and focused on supply glut concerns. Brent crude lost 54 cents, or 1.1 percent, to settle at $45.84 a barrel. U.S. West Texas Intermediate crude fell 61 cents, or 1.4 percent to end at $44.66. The Organization of the Petroleum Exporting Countries (OPEC) meets in Vienna on November 30 for talks on output reduction.
read more... 11/11/2016
Daily: European spot electricity prices retreat from recent highs on firmer wind supply, lower demand
Crude oil prices did not change significantly on Tuesday, paring earlier gains in line with U.S. stock markets as voters head to the polls to elect the next president of the United States. Brent crude lost 11 cents or 0.24 percent to settle at $ 46.04 per barrel. WTI crude rose by 0.09 cents or 0.20 percent to end at $44.98 per barrel.
read more... 09/11/2016
French regulator aims electricity price speculation with recent ARENH rules
French energy markets regulator CRE suggested on Tuesday stricter rules under which alternative energy providers purchase electricity from nuclear power station run by state-controlled utility EDF.
read more... 08/11/2016
Finland envisages to prohibit coal-fired power stations by 2030
Finnish government is thinking about banning all coal-fired power stations by 2030 to aid meet emission reduction targets, as stated by Minister of Economic Affairs Olli Rehn on Wednesday.
read more... 03/11/2016
German energy regulator abandons power area with Austria from 2018
Germany's energy regulator on Friday requested electricity transport firms to get ready for a separation of the German and Austrian power markets, which are currently joined, to allow for more traffic at reduced cost and less technical risks.
read more... 31/10/2016