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Daily (27.09.2023): British gas prices turned bearish on Tuesday amid healthy supply and milder weather forecasts

Crude oil prices continued the slightly but steady rise on Tuesday due to concerns regarding supply-demand crunch. However, macroeconomic fears have limited the upward trend. As a result, Brent crude traded 0.7% higher at $93.96 a barrel. Meanwhile, U.S. WTI crude rose by 0.8% to $90.39 a barrel.

read more... 27/09/2023

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France Announces Ambitious Plan To Cut Hydrocarbon Dependence And Emissions

Emmanuel Macron has announced a plan to reduce the dependence of France on oil, gas, and coal and reduce national emissions by 55% from 1990 levels by 2030.

read more... 26/09/2023

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Daily (25.09.2023): Gas prices surged to a one-month high due to Norwegian maintenance and strong LNG demand

Oil prices were rather stable on Friday, marked by high volatility following Russia's suspension of diesel and gasoline exports, and the FED announcing the possibility of another interest rate hike. As a result, Brent crude was traded at $93.27 a barrel, while WTI crude edged 0.5% up to end at $90.03 a barrel.

read more... 25/09/2023

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Daily (22.09.2023): European carbon prices soared amid strong auction and bullish gas

Oil prices remained fairly stable on Thursday, as Russia's announcement of restrictions on its gasoline and diesel exports was counterbalanced by concerns over global demand. As a result, Brent crude settled 0.3% lower at $93.30 a barrel, while WTI crude stabilized at $89.63 a barrel.

read more... 22/09/2023

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Daily (20.09.2023): British gas prices turned bullish on Tuesday due to lower supply from Norway

On Tuesday, crude oil prices remained relatively stable as the decision to prolong production cuts by Saudi Arabia and Russia was offset by renewed global macroeconomic worries. Hence, Brent crude traded at $94.34 a barrel. Meanwhile, U.S. WTI crude slipped by 0.3% to $91.20 a barrel.

read more... 20/09/2023

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