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Daily (17.12.2021): European front-year electricity prices skyrocketed on Thursday amid French nuclear concerns
Crude oil prices extended gains on Thursday after the U.S. reported its biggest drop in crude inventories since September. Furthermore, a weaker Dollar also lent support to prices. Hence, Brent crude rose by $1.14, or 1.5%, to settle at $75.02 per barrel. U.S. WTI crude increased by $1.51, or 2.13%, to settle at $72.38 per barrel.
read more... 17/12/2021
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No decision on certifying Nord Stream 2 operator in first half of 2022
There will be no final decision on the certification of the operator of the Nord Stream 2 gas pipeline from Russia to Germany in the first half of 2022, the head of the German energy regulator said Dec. 16.
read more... 17/12/2021
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Eni sets sights on Polish offshore wind business
Italian energy group Eni has extended an agreement with investment fund Copenhagen Infrastructure Partners (CIP) to develop offshore wind in Poland, the companies said.
read more... 17/12/2021
Spain to extend energy bill tax cuts until May 2022
Spain will extend a tax cut on electricity bills until May 1, 2022 in a bid to help consumers cope with rising energy prices, Budget minister Maria Jesus Montero said on Wednesday.
read more... 17/12/2021
Daily (16.12.2021): European carbon prices were bullish on Wednesday, due to volatile trading ahead of options contract expiry
Oil prices increased slightly on Wednesday, as bearish pressure from the spread of the Omicron variant was counterbalanced by a larger-than-expected drop in US crude reserves. Thus, both Brent oil and WTI crude inched 0.2% higher at $73.88 a barrel and $70.87 a barrel, respectively.
read more... 16/12/2021