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Daily (25.04.2023): Crude oil prices rose by 1% on Monday amid growing demand in China
Crude oil prices continued to rebound on Monday amid upbeat demand signals from Asia. Bookings made in China for travels overseas for the approaching May Day holiday indicate that travel to Asian nations is still recovering. Hence, Brent crude rose by $1.07, or 1.3%, to settle at $82.73 a barrel. Meanwhile, U.S. WTI crude settled up 89 cents, or 1.1%, to end at $78.76.
read more... 25/04/2023
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France's EDF returns Civaux 2 reactor, delays others amid strike
France's EDF has restarted the 1.5-GW Civaux-2 reactor while delaying both planned maintenance and returns elsewhere amid ongoing worker strikes, transparency data showed April 24.
read more... 25/04/2023
Daily (24.04.2023): European carbon prices fell on Friday amid a lower-than-usual demand as the deadline for surrendering carbon allowances approached
Oil prices gained rose on Friday, trading 0.6% higher, due to a technical rebound after two sessions of sharp declines. However, gains were capped as the market remains anxious about the global demand. Brent crude settled at $81.66 a barrel and WTI crude ended at $77.87 a barrel.
read more... 24/04/2023
France to uphold electricity price caps until early 2025
The French government will uphold caps on electricity price hikes until at least 2023 to protect citizens from high costs, finance minister Bruno Le Maire said via Reuters on Friday.
read more... 24/04/2023
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UK, Netherlands plan cross-border power link to boost energy security
The Netherlands and Britain plan to build what would be Europe's biggest cross-border electricity link connected to an offshore wind farm, their energy ministers said on Monday, part of efforts to boost energy security.
read more... 24/04/2023