Supply cuts led by the OPEC and Russia have boosted oil prices on Monday. However, gains were limited by the announcement of weak car sales data in China. Brent crude edged 0.4% higher at 66.50 USD/bbl, whereas WTI futures rose by 0.9% to 56.06 USD/bbl
read more... 19/02/2019
European Union lawmakers struck an agreement on Monday (11 February) on green public procurement rules for new buses, requiring local authorities purchase a minimum share of clean vehicles running on gas or electricity by 2025 and 2030
read more... 13/02/2019
Uncertainty about the restart of the trade talks between U.S. and China outweighed the support from OPEC-led supply cuts on Monday. A strengthening dollar put more pressure on prices. Consequently, oil prices retreated, with Brent oil trading nearly 1% down at $61.51 a barrel. WTI futures edged 0.6% lower at $52.41 a barrel.
read more... 12/02/2019
Oil prices retreated on Thursday, amidst rising U.S. crude inventories and upbeat production levels. However, Washington sanctions against Venezuela and OPEC supply cuts supported the markets. As a result, Brent crude dipped by 1.7% to 61.63 USD/bbl, while WTI crude plunged by 2.5% to 52.64 USD/bbl.
read more... 08/02/2019
The real assets division of US investment manager BlackRock Inc. said today it has entered into an agreement to sell five operating wind farms and a single solar park in the UK to Equitix Investment Management.
read more... 05/02/2019