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Daily (20.03.2024): Oil prices notched a minor increase on Tuesday amid continued attacks on Russia’s refineries and positive data from China
Crude oil prices extended gains yesterday due to ongoing attacks on Russia's refining infrastructure, positive macroeconomic data from China, as well as reports of decreasing US crude oil and gasoline inventories. As a result, Brent crude edged 0.6% higher to end at $87.38 a barrel. Meanwhile, U.S. WTI crude rose by about 1% to settle at $83.47 a barrel.
read more... 20/03/2024
Daily (19.03.2024): Oil prices soared on Monday, due to improved economic situation in China and heightened geopolitical tensions
Oil prices ended higher on Monday, influenced by improving economic prospects in China and heightened geopolitical tensions following new drone strikes on Russian refineries over the weekend. Brent crude increased by 2% at $86.89 a barrel, while WTI Crude rose by 2% to $82.72 a barrel.
read more... 19/03/2024
Romania's Nuclearelectrica sees preliminary decision on SMR plant in 2025
Romania expects to make a preliminary final investment decision next year on whether to build a small modular reactor plant (SMR), which could become Europe’s first project using the technology, Energy Minister Sebastian Burduja said on Monday.
read more... 19/03/2024
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Austria brings in onshore wind reforms
The Austrian Government has introduced market premium regulation for onshore wind.
read more... 18/03/2024
Daily (15.03.2024): Oil prices rose to four-month highs on Thursday amid supply shortage worries
Oil prices increased by about 2% on Thursday, hitting their highest level in four months, boosted by new forecasts from the International Energy Agency (IEA) warning of potential supply shortages until year-end. The EIA report also revealed a notable 5.7-million-barrel decrease in gasoline stocks, the steepest decline since early November. Thus, the Brent crude oil stood at $85.42 a barrel, while WTI crude settled at $81.26 a barrel.
read more... 15/03/2024