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Daily (28.09.2022): Natural gas prices soared on Tuesday due to leaks on the Nordstream pipeline and supply concerns
Oil prices increased on Tuesday, as Opec and its partners Opec+ may cut production to stabilize the market. Consequently, Brent crude soared by 2.6% to $86.27 a barrel, and WTI oil raised by 2.3% to $78.50 a barrel.
read more... 28/09/2022
France urges Brussels to label nuclear-produced hydrogen ‘green’
French Energy Minister Agnès Pannier-Runacher is trying to get EU Energy Commissioner Kadri Simson to include nuclear among energy sources for the production of so-called “green” hydrogen, according to a letter seen by EURACTIV France.
read more... 19/09/2022
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Hungary aims to invest EUR 16 bln by 2030 to curb gas reliance
Hungary aims to invest up to 16 billion euros by 2030 to boost electricity production and storage capacity and curb reliance on gas imports, supplied mostly by Russia, Technology and Industry Minister Laszlo Palkovics said on Tuesday.
read more... 07/09/2022
Daily (06.09.2022): EUAs fell to a new six-month low on Monday as traders speculated on EU measures to cap energy prices
Oil prices increased on Monday as OPEC+ members agreed to a modest production cut of 100,000 barrels per day to support prices. Thus, Brent crude oil settled 2.9% higher at $95.74. WTI crude rose by 2.8% to end at $89.24.
read more... 06/09/2022
Daily (05.09.2022): The NBP gas prices decreased sharply on Friday due to strong LNG imports and UK Continental Shelf production
Oil prices rose on Friday as traders anticipated that OPEC+ would discuss output reductions at their meeting on September 5. Gains were however constrained by concerns about China's COVID-19 limitations and the status of the global economy. As a result, WTI crude oil moved up by 0.3% to $86.87, while Brent crude oil closed 0.7% higher at $93.02.
read more... 05/09/2022