Oil prices buttressed by weak dollar

The price increases occurred Thursday afternoon and evening before sliding back down in the early hours of Friday on rumors that China plans to rebuild its strategic crude oil inventories using cheap Russian oil.

European Energy: Danish government runs risk of doing major harm to PtX

In the first quarter, European Energy has signed a deal concerning construction of a new PtX facility in the city of Aalborg as the most recent move in the third prong of activities, which primarily consist of solar and wind energy. But the company’s CEO warns of political short-sightedness.

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