Crude oil continues to decline on July 29, green electricity prices under pressure - a new balance in global energy market emerges
On July 29, international oil prices continued to fall, with WTI crude below $73 and Brent crude below $75. Natural gas storage data exceeded expectations, depressing gas prices. Green electricity prices also declined as solar and wind output rose and demand slowed. European carbon prices hit a three-month low. This article analyzes supply-demand dynamics and pricing logic in the energy transition, providing investors with real-time prices and trend insights.
On July 29, international oil prices continued to fall, with WTI crude below $73 and Brent crude below $75. Natural gas storage data exceeded expectations, depressing gas prices. Green electricity prices also declined as solar and wind output rose and demand slowed. European carbon prices hit a three-month low. This article analyzes supply-demand dynamics and pricing logic in the energy transition, providing investors with real-time prices and trend insights.
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