Daily Energy Market Report Tuesday 16th Oct 18. The NBP is holding 13mcm length at the open with Norway and LNG send – out being the main the contributing factors (Langeled is nominated 17mcm higher Day on Day, St. Fergus 4mcm up). CCGT demand has eased 5.3mcm and MRS injections have turned – down 4.5mcm.…Read More
History of Energy Prices Wednesday 08 August 2018 Historic Factors 07 August 2018 – The US re-imposed economic sanctions on Iran, severely hindering Iranian oil output. Brent and the NBP lifted as a result. 25 July 2018 – Strength in Coal continues to drive the NBP with increases in Asian and European…Read More
History of Energy Prices Wednesday 30 May 2018 Historic Factors 30 May 2018 – Oil prices fell as Russia hinted at increasing production to offset the reduced exports from Venezuela & Iran, following both countries having sanctions placed on them by the US. 22 May 2018 – Carbon EUA’s continue to climb…Read More
History of Energy Prices Wednesday 18 July 2018 Historic Factors 16 July 2018 – Oil saw the largest intraday drop for 2 years after falling around $3.50/bbl. off the back of a potential increase in Russian production, Norwegian oil worker strikes ending and the US considering the importation of Iranian oil despite sanctions.…Read More
The government intends to set up a non-profit foundation to manage real estate activities affected by the tremor
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