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Daily (21.04.2022): NBP spot jumped on Wednesday as maintenance curbed Norwegian flows
Oil prices changed slightly on Wednesday as concerns about economic growth and oil demand stagnation persist. Consequently, Brent crude edged 0.4% lower at $106.80 a barrel. U. S. WTI Crude edged 0.3% lower at $102.19 a barrel.
read more... 21/04/2022
European Commission analysing higher 45% renewable energy target for 2030
The European Commission is assessing whether the European Union could achieve a higher target of a 45% share of renewable energy by 2030, instead of its proposed 40%, to accelerate its shift from Russian fossil fuels following the invasion of Ukraine.
read more... 21/04/2022
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EU lawmakers seek swift deal on emergency rules to fill gas storage
European Parliament lawmakers, negotiating emergency rules to fill Europe's gas storage, are pushing for a deal in the next two months to build a supply buffer in time for winter when gas demand for heating peaks.
read more... 21/04/2022
Denmark proposes corporate carbon tax to meet climate target
Denmark's government on Wednesday proposed introducing a uniform carbon tax for companies as a way to reach the country's ambitious climate target.
read more... 21/04/2022
Daily (20.04.2022): Oil prices fell by over 5% on Tuesday after IMF cuts growth outlook
Oil prices fell sharply on Tuesday on demand concerns after the International Monetary Fund (IMF) cut its economic growth forecasts and warned of higher inflation. Hence, Brent crude dropped by $5.91, or 5.2%, to settle at $107.25 a barrel. U.S. WTI crude dropped $5.65, or 5.2%, to settle at $102.56 a barrel.
read more... 20/04/2022