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Daily (30.05.2023): Weaker demand and high storage levels continue to weigh on gas prices
Crude oil prices rose on Monday after President Biden and House Speaker Kevin McCarthy were believed to have reached a preliminary agreement on lifting the debt ceiling. Brent crude added 0.2% to settle at $77.07 a barrel. WTI crude increased by 0.4% to trade $72.96 per barrel.
read more... 30/05/2023
Daily (29.05.2023): Crude oil prices retreated by 1% on Friday amid provisional agreement on rising the US debt ceiling
Oil prices gained ground on Friday, spurred by provisional agreement struck by US leaders on raising the debt ceiling and potential output cuts by OPEC+. Brent crude increased by 0.9% to settle at $76.95 a barrel, while WTI gained 1.3% to trade at $72.67 a barrel.
read more... 29/05/2023
Denmark latest EU country to plan Energy Charter Treaty exit
Denmark is working towards exiting the Energy Charter Treaty, its energy ministry said on Thursday, casting further doubt over an international agreement that critics say has become an obstacle to tackling climate change.
read more... 14/04/2023
Britain's Harbour Energy, BP to develop Viking CCS project
Harbour Energy, Britain's largest oil and gas producer, said on Tuesday it has entered into an agreement with BP to develop the Viking CCS transportation and storage project.
read more... 11/04/2023
Seven countries reject nuclear-derived hydrogen from EU renewables law
A group of seven EU countries led by Germany have rejected calls to incorporate nuclear-made hydrogen into the bloc’s green transport targets, reigniting a dispute with France that has held back an agreement on the bloc’s renewable energy directive.
read more... 22/03/2023