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Daily (10.08.2022): EUAs expiring in December 2022 surged to a four-week high on Tuesday
The news that some oil supplies on the Russia-to-Europe Druzhba pipeline that crosses through Ukraine had been stopped combined with worries that a slowing economy could cut demand, resulted in a modest decline in oil prices on Tuesday. As such, Brent crude oil price settled 0.4% lower at $96.31, while WTI crude ended 0.3% down to settle at $90.50 a barrel.
read more... 10/08/2022
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French government to boost renewables generation
The French Government has announced several emergency measures to boost renewable electricity generation ahead of the winter.
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Britain plans for organised blackouts in January
Britain is making plans for organised blackouts for industry and households over winter when cold weather may coincide with gas shortages, Bloomberg News reported on Tuesday.
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Russia resumes natural gas supplies to Latvia
Russian natural gas supplies to Latvia resumed on Aug. 5, a week after they were halted by Russian exporter Gazprom, data from transmission system operator Conexus Baltic Grid (CBG) showed.
read more... 10/08/2022
Daily (09.08.2022): Long-term gas prices fell in line with lower carbon prices and amid strong storage injections
Crude oil prices rebounded from multi-months lows touched last week as upbeat economic data from China and the United States fed hopes for a stronger demand despite persisting fears of a recession. Thus, Brent crude rose by 1.8%, to settle at $96.65 a barrel, WTI crude increased by 2% to $90.76.
read more... 09/08/2022