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Statkraft to double power output to 100 TWh by 2030
Norwegian power producer Statkraft plans to double its annual output to 100 TWh by 2030 with an additional 30 GW of green capacity planned by the turn of the decade, it said on Tuesday.
read more... 29/06/2022
Daily (22.06.2022): British gas prices saw a relentless rise on Tuesday amid reduced flows from Russia, outages in the Norwegian production
Crude oil prices increased marginally on Tuesday amid continued supply concerns and unwillingness among OPEC nations to increase output noticeably. However, the gains were limited by coronavirus measures in China and fears of a new global recession. Hence, Brent crude rose by 0.5%, to settle at $114.65 a barrel. US WTI crude added 0.7% to $109.52 a barrel.
read more... 22/06/2022
Daily (19.05.2022): Oil prices lost 2.5% as U.S. refiners ramp up output
Oil prices fell on Wednesday, after government data showed U.S. refiners ramped up output, while equities fell. Consequently, Brent crude dropped by 2.5% to $109.11 a barrel, and WTI crude oil fell by 2.5% to $109.59 a barrel.
read more... 19/05/2022
Daily (22.04.2022): Oil prices soared on Thursday due to Germany’s plans to cut oil imports from Russia by the end of 2022
Oil prices rose on Thursday, due to weaker Russian output and Germany’s plans to eliminate oil imports from Russia. Consequently, Brent crude increased by 1.4% to $108.33 a barrel. U. S. WTI Crude rose by 1.5% to $103.79 a barrel.
read more... 22/04/2022
Daily (13.04.2022): Oil prices surged over 6% on Tuesday as Opec is cautious about replacing Russian supply
Crude oil prices rebounded sharply on Tuesday following Opec’s declaration that it would not boost output to levels good enough to replace Russian oil supply. Easing lockdown measures in Shanghai lent further support. Hence, Brent crude surged by 6.3% to settle at $104.64 a barrel. U.S. WTI crude settled 6.7% higher at $100.60 per barrel. Both contracts lost about 4% on Monday.
read more... 13/04/2022