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Daily (14.04.2023): Worries about recession weighed on oil prices on Thursday after hitting its highest level of the year the day before
Crude oil prices turned bearish on Thursday amid worries about recession in the US and Europe. Nevertheless, the market generally remains upbeat. Hence, Brent crude fell by 1.4% to $86.06 a barrel. WTI crude lost 1.3% to end at $82.16 a barrel.
read more... 14/04/2023
Daily (13.04.2023): WTI crude ended at its highest level of the year on Wednesday, amid fears of a tightening global supply and slowing U.S. inflation
Oil prices climbed on Wednesday, with WTI crude ending at its highest level of the year, as fears of a tightening global supply and slowing U.S. inflation offset the slight rise in U.S. crude inventories. As a result, Brent crude ended at $87.33 a barrel, while WTI crude settled at $83.26 on Wednesday.
read more... 13/04/2023
Ofgem unveils buy-out price and mutualisation ceilings for 2023-24 ROC
Renewable energy suppliers in the UK have been informed that the buy-out price for the 2023-24 obligation period will be £59.01 per Renewables Obligation Certificate (ROC).
read more... 13/04/2023
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Global wind to reach 1TW in 2023
The global wind energy market will pass the one terawatt (1TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie.
read more... 13/04/2023
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French lower house report urges government to ditch Arenh
France should immediately suspend the Arenh regulation governing the sale by EDF of its nuclear generation to rivals, a lower house committee said in a new report.
read more... 13/04/2023