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Daily (09.07.2020): Higher Norwegian flows led to an oversupply in the British gas system on Wednesday

Crude oil prices added momentum on Wednesday, following an increase in U.S. crude imports and a weekly decline in gasoline supplies that indicated an improvement in energy demand. Hence, Brent crude traded 0.5% higher at $43.29 a barrel. At the same time, WTI futures edged 0.7% higher at $40.90 a barrel.

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Equinor discovers gas, condensate in North Sea

Proven reserves are between 3 and 10 million standard cubic meters of recoverable oil equivalent

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‘Hydrogen is the rockstar of the energy system’

The European Commission has pledged to support the installation of at least 6GW of renewable hydrogen electrolysers in the EU by 2024

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Vestas wins 166MW Polish order

Two projects will comprise 48 V126-3.45MW turbines

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Daily (08.07.2020): German and French spot electricity prices at their highest levels since the end of January amid lower renewables output and nuclear availability

Crude oil futures were little changed on Tuesday as an apparent optimism that U.S. crude inventories will decline this week was overshadowed by the surge in coronavirus cases in parts of the world which continued to pressure prospects for energy demand. Hence, Brent crude for September delivery steadied at $43.08 a barrel, while the U.S. WTI crude stagnated at $40.62 a barrel.

read more... 08/07/2020

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