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Daily (30.03.2023): Oil prices retreated on Wednesday, dampened by profit taking and refinery shutdowns in France, despite a sharp rise in US demand
Oil prices retreated on Wednesday, dampened by profit taking and refinery shutdowns in France, which more than offset the weekly report from the U.S. Energy Information Agency (EIA) that commercial crude inventories shrank by 7.5 million barrels. Thus, Brent crude fell by 0.5% to $78.28 a barrel, while WTI crude edged 0.3% down at $72.97.
read more... 30/03/2023
Daily (28.03.2023): British gas prices moved upwards on Monday amid cold weather, ongoing strikes in France
Oil prices increased on Monday as a result of Iraq being forced to stop some crude exports from its semi-autonomous Kurdistan region and as a result of actions taken to prevent a potential banking crisis that could have negatively impacted oil demand. Brent crude futures soared by $3.13, or 4.17%, to settle at $78.12 a barrel. U.S. WTI crude gained $3.63, or 5.24%, to end at $72.89.
read more... 28/03/2023
French parliament votes nuclear plan with large majority
France's parliament voted in favour of the government's nuclear investment plan with a large majority on Tuesday, a day after the government narrowly survived a no-confidence vote over its pension reform plan.
read more... 22/03/2023
Seven countries reject nuclear-derived hydrogen from EU renewables law
A group of seven EU countries led by Germany have rejected calls to incorporate nuclear-made hydrogen into the bloc’s green transport targets, reigniting a dispute with France that has held back an agreement on the bloc’s renewable energy directive.
read more... 22/03/2023
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Germany, Spain push to keep nuclear out of EU renewable energy goals
Seven EU states including Germany, Spain and Denmark have strengthened their resistance to efforts by France to count nuclear energy towards EU renewable energy targets, according to a letter seen by Reuters.
read more... 20/03/2023