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Daily (04.03.2022): Oil prices saw a downward correction on Thursday amid hopes of a nuclear deal between Iran and the US
Oil prices retreated from a decade high on Thursday amid hopes of a nuclear deal between Iran and the US. Hence, Brent crude decreased by $2.47, or 2.2%, to settle at $110.46 a barrel. U.S. WTI crude fell by $2.93, or 2.6%, to end at $107.67 a barrel.
read more... 04/03/2022
Daily (03.03.2022): Gas prices spiked on Wednesday amid fears of disruptions to Russian imports
Oil prices climbed on Wednesday hit their highest levels since 2008 after OPEC and its oil-producing allies, which includes Russia, decided to hold production steady. Hence, Brent crude soared by 7.6% to end at $112.93 a barrel. U.S. WTI crude surged by 7% to settle at $110.60 a barrel.
read more... 03/03/2022
Daily (01.08.2022): Brent spiked above $100 a barrel for the first time since 2014 on news sanctions against Russia
Oil prices finished sharply higher on Monday amid the latest round of restrictions from the West put in place against Russia – in particular the removal of some Russian banks from Swift. Hence, Brent crude soared by $3.06, or 3.1%, to settle at $100.99 a barrel. U.S. WTI crude surged by $4.13, or 4.5%, to end at $95.72 a barrel.
read more... 01/03/2022
Daily (28.02.2022): European front-year electricity prices saw a sharp correction on Friday amid plunging commodity prices
Oil prices retreated from a seven-year high on Friday due to easing concerns of near-term supply disruptions amid a lack of Western sanctions against the Russian energy sector. Hence, Brent crude decreased by $1.15, or 1.2%, to settle at $97.93 a barrel on Friday. U.S. WTI crude fell by $1.22, or 1.3%, to settle at $91.59 a barrel.
read more... 28/02/2022
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Daily (25.02.2022): British gas prices rocketed on Friday as a result of the Russian attack on Ukraine
Oil prices increased on Thursday, ending close to $100 a barrel amid uncertainty about potential disruptions in Russian oil supplies following Russia’s continued full-scale attack on Ukraine. Hence, Brent crude soared by 2.3% to settle at $99.08 a barrel. U.S. WTI crude rose by 0.8%, to settle at $92.81 a barrel.
read more... 25/02/2022