(13.09.2017): Weekly Energy Market Review at a Glance

14/09/2017 13:09 Energy Market

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Here's a quick snapshot of the main energy indicators in the last 7 days.

 

 

BRENT M+1: 53.84 $/bbl

The oil price rose, influenced by the increased demand from the U.S refineries.

 

Outlook: A decline towards the support level of 52.72 $/bbl, followed by a rise to the resistance line of 55.2 $/bbl.

 

GAS TTF Y+1: 17.24 €/MWh

The gas price rose influenced by the bullish European energy complex and by the oil price rally.

 

Outlook: A test of the resistance level of 17.26 €/MWh followed by a bearish correction.

 

POWER GE Y+1: 35.09 €/MWh 

The price rose, driven by the CO2 price spike and by the bullish continuation of the coal market.

 

Outlook: A test of the resistance level of 35.20 €/MWh, followed by a small bearish correction.

 

 

Total invests in solar, EREN and GreenFlex, aiming renewables growth

20/09/2017 13:36:00

Total increases its share in renewables by investing in solar and wind energy producer EREN RE and energy efficiency company GreenFlex.

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Daily (20.09.2017): WTI crude price dipped to $49.48 a barrel on increased U.S. shale production

20/09/2017 10:47:00

Oil markets dipped on Tuesday, influenced by increasing U.S. shale production and worries that another hurricane hitting the Caribbean could affect refineries and disrupt delivery to and from the United States.

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9 Traits of Highly Effective Energy Consultants [Infographic]

20/09/2017 10:30:00

Procuring energy and managing related risks presents businesses with unique challenges unlike any other goods or services they purchase. Besides, energy commodity prices can be extremely volatile. They can go up and down and are susceptible to unpredictable price increases. They’re also governed by a complex set of rules and inter-relationships.

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