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Daily (24.02.2022): European carbon prices jumped by nearly 6% on Wednesday, due to bullish energy markets and tensions at Ukraine border
Oil prices stagnated on Wednesday, as fears of losing Russian crude supply were offset by prospects of returning Iranian oil to the market. Hence, Brent oil closed unchanged at $96.84 a barrel. WTI crude, however, edged slightly higher at $92.10 a barrel.
read more... 24/02/2022
Daily (22.02.2022): Oil prices moved upwards on Monday as Russia-Ukraine tensions escalated
Crude oil prices continued to increase on Monday amid heightening tensions between Russia and Ukraine after Russian President Vladimir Putin recognized Donetsk and Luhansk in Ukraine East as independent states. Hence, Brent crude soared by 2% to settle at $95.39 a barrel. U.S. WTI crude added 0.6% to end at $91.59 a barrel.
read more... 22/02/2022
EC must refrain from EU ETS intervention
The European Commission must avoid intervening in the EU ETS until a full report on carbon market trading by the European Security and Markets Authority (Esma) is published, 10 industry bodies said in joint letter late on Tuesday.
read more... 17/02/2022
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Sweden sets plan for up to 120 TWh of offshore wind power capacity
Sweden presented plans on Tuesday to build offshore wind power plants that will generate 20-30 terawatt hours (TWh) per year, with an aim to reach 120 TWh at a later stage.
read more... 16/02/2022
Daily (16.02.2022): Energy markets turned bearish on Tuesday as Putin downplayed any intention to invade Ukraine
Oil prices fell on Tuesday, retreating from a seven-year high as worries of an impending war between Russia and Ukraine dissipated following reports that Moscow had withdrawn some troops from its borders. Hence, Brent crude fell by $3.20, or 3.3%, to settle at $93.28 a barrel. U.S. WTI crude dropped by $3.39, or 3.6%, to end at $92.07 a barrel.
read more... 16/02/2022