Oil prices extended losses on Monday amid weak economic data from China due to widening COVID-19 curbs. Furthermore, a potential rise in US production also put pressure on prices. Thus, Brent crude decreased by 1% to close at $94.83 a barrel. At the same time, WTI crude fell by 1.6% to $86.53 a barrel.
read more... 01/11/2022
The market for European renewable energy guarantees of origin (GOs) has been heating up in recent weeks, with prices breaking the Eur6/MWh mark due to a persistent shortage of hydropower and strong demand from corporate buyers.
read more... 01/11/2022
Britain's energy price cap for consumers and government-funded discounts on bills for businesses will push official measures of inflation lower, the country's statistics office said on Monday.
read more... 01/11/2022
Germany's expert gas commission on Monday presented proposals to the government for a gas price cap in Europe's biggest economy to help citizens cope with soaring energy prices and encourage companies to remain in the country and preserve jobs.
read more... 01/11/2022
Oil prices decreased on Friday as result of China expanding its COVID-19 restrictions. Thus, Brent crude settled 1.2% lower at $95.77 a barrel. At the same time, WTI crude fell by 1.3% to $87.90.
read more... 31/10/2022