European power demand is likely to hold up in the second round of national lockdown restrictions, with fluctuations most likely driven by changes in the weather. Traders and analysts expect normal Continue Reading
Luxury fashion boutiques, jewelry shops and most of Milan’s flagship department stores were shuttered Friday, as the center of Italy’s vibrant financial capital fell into a gray quiet on the Continue Reading
More Europeans are seriously ill with the coronavirus than ever before, new hospital data for 21 countries shows, surpassing the worst days in the spring and threatening to overwhelm stretched Continue Reading
The United Kingdom, which has recently set a record for wind power meeting its demand, issued a security of supply alert earlier this week as wind power output was low Continue Reading
In the third quarter of 2020, 9.9% of passenger cars sold in the EU were electrically-chargeable vehicles, compared to 3.0% during the same period last year, according to data from Continue Reading
Crude oil futures were lower in mid-afternoon on Nov. 6, as the list of European nations imposing lockdowns to stem the spread of COVID-19 grew larger, even as outcome of Continue Reading
Oil fell a second day, dropping below $38 a barrel in New York, as a surging coronavirus and uncertain U.S. elections weighed on sentiment. Futures dropped 2.7%, with equity markets Continue Reading
Oil edged lower as investors awaited the outcome of the tightly contested US presidential election. (Bloomberg) — Oil edged lower as investors awaited the outcome of the tightly contested U.S. Continue Reading
The energy sector has emerged as the worst-performing of the United States’ 11 market sectors in the current year, dropping to its lowest point relative to the S&P 500 since Continue Reading
When the pandemic pummeled the oil industry in the spring, many called the situation unprecedented. Prices were falling because of oversupply, but demand was failing to react to lower prices Continue Reading
