Oil prices ended mixed for the second session in row on Wednesday as optimistic OPEC predictions tempered worries about worldwide demand for oil. As a result, Brent crude retreated by about 1% to settle at $77.69, while WTI crude edged 0.2% higher to end at $72.56 per barrel.
read more... 18/01/2024
Oil prices ended Tuesday with a mixed evolution as investors were cautious due to geopolitical tensions in the Middle East and amid a strong dollar. Hence, Brent crude advanced by about 0.2% to settle at $78.29, while WTI crude remained rather stable to bearish at $72.40 per barrel.
read more... 17/01/2024
Oil prices remained rather steady to bearish on Monday as the geopolitical risk premium eased amid the absence of tangible supply disruptions in the Middle East, with the market focusing on signs of weaker demand. Consequently, Brent and WTI crude edged lower to settle at $78.15 and $72.45 per barrel respectively.
read more... 16/01/2024
The Sizewell C nuclear power plant project has been awarded a Development Consent Order (DCO), paving the way for formal construction work to begin at the site in Suffolk, UK.
read more... 16/01/2024
Poland plans to set an end date for coal-fuelled power, the country's Secretary of State for Climate Urszula Zielinska said on Monday, marking a shift from the previous government's stance on climate change.
read more... 16/01/2024