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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
Daily (24.02.2022): European carbon prices jumped by nearly 6% on Wednesday, due to bullish energy markets and tensions at Ukraine border
Oil prices stagnated on Wednesday, as fears of losing Russian crude supply were offset by prospects of returning Iranian oil to the market. Hence, Brent oil closed unchanged at $96.84 a barrel. WTI crude, however, edged slightly higher at $92.10 a barrel.
read more... 24/02/2022
Daily (23.02.2022): European front-year electricity prices jumped over 6% on Tuesday amid fuels rally, Ukraine tensions
Oil prices continued to rise on Tuesday, with Brent crude marking its highest settlement price since 2014 after Russian troops entered eastern Ukraine, raising concerns of disruptions to supply from Europe’s main energy supplier. Hence, Brent crude increased by $1.52, or 1.5%, to settle at $96.84 a barrel. U.S. WTI crude rose by 0.4% to end at $91.91 a barrel.
read more... 23/02/2022