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Daily (28.07.2021): British gas prices extended gains on Tuesday amid supportive weather, tight supply

Oil prices are continuing a choppy sideways trade in absence of news. Uncertainty over the potential ramifications of the Delta wave which could jeopardize the energy demand recovery put pressure on crude prices. Hence, Brent crude settled at $74.48 a barrel, posting its first loss in six sessions. U.S. WTI crude lost 0.4% to close at $71.65 a barrel.

read more... 28/07/2021

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U.S., Germany to vow action on Russia in Nord Stream 2 deal

The United States and Germany will take action against Russia if it uses the Nord Stream 2 gas pipeline to harm Ukraine or other Eastern European countries, according to two sources familiar with a bilateral agreement expected on Wednesday.

read more... 21/07/2021

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Yorkshire goes big on hydrogen storage

SSE Thermal and Equinor have unveiled plans to upgrade their Aldbrough gas storage site in Yorkshire to a hydrogen storage facility.

read more... 20/07/2021

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Daily (19.07.2021): Gas prices increased on Friday, due to lower storage levels and concerns over Nord Stream 2

Oil prices traded range-bound on Friday amid persisting uncertainty over next month’s crude production from OPEC+ members. Brent oil and WTI crude both edged 0.2% higher at $73.59 and $71.81 a barrel respectively.

read more... 19/07/2021

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Daily (13.07.2021): Electricity prices fell on Monday, tracking bearish gas and carbon markets

Oil prices dropped on Monday, on doubts over OPEC's ability to maintain production discipline and signs of reduced demand for black gold. Consequently, Brent crude slipped by 0.5% to $75.16 a barrel and WTI oil edged 0.6% lower at $74.10 a barrel.

read more... 13/07/2021

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