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German government sees problems with coal, oil supplies
Germany's government is concerned about possible problems with the coal supply for power plants in the autumn and winter due to low water levels on the river Rhine and the oil supply in eastern parts of the country, a document seen by Reuters said.
read more... 26/08/2022
Daily (25.08.2022): Oil prices increased on Wednesday on concerns that the US will not consider more Iran concessions
Oil prices increased after a tumultuous trading session on Wednesday on concerns that the US will not take into account more Iran concessions in response to a draft agreement that would reinstate Tehran's nuclear agreement and maybe the OPEC member's crude exports. Consequently, WTI crude gained 1.2% to settle at $94.89. Brent crude oil increased by 1% to end at $101.22.
read more... 25/08/2022
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Germany approves rules to turn down heating, lights this winter
Germany's public buildings are to become cooler and streets darker this winter under energy-saving measures approved by the cabinet on Wednesday, as part of efforts to protect the nation's gas reserves to offset throttled deliveries from Russia.
read more... 25/08/2022
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French nuclear output to hit winter low in supply risk
French available nuclear capacity will dive 6-8 GW year on year this winter to a record low, meaning supply was “definitely at risk” should there be a particularly cold spell, said Montel’s Energy Quantified (EQ).
read more... 25/08/2022
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Italy's Draghi calls for EU price cap on Russian gas
European Union countries should agree a cap on the price of gas imported from Russia to help ease the burden of rising prices on businesses and households, Italian Prime Minister Mario Draghi said on Wednesday.
read more... 25/08/2022