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Daily (11.10.2019): EU carbon prices climbed by 2.5% on Thursday, following positive negotiations between the UK and Ireland
Crude oil prices rebounded on Thursday, as OPEC pledges to take a supply decision for next year this December. Trade talks between U.S. and China to be held next week also lent support to prices. Hence, Brent crude rose by 1.3% to 59.10 a barrel, while WTI futures climbed by 1.8% on a daily basis to end at $53.55 a barrel.
read more... 11/10/2019
Daily (09.10.2019): European carbon prices reached EUR 23 a tonne on Tuesday, on worries over Brexit negotiations
Crude oil prices traded lower on Tuesday, after Donald Trump reported that a quick trade deal will unlikely happen soon. Meanwhile, oil prices were supported by protests in OPEC members Iraq and Ecuador, which threatened to disrupt their oil output. Hence, WTI futures fell by 0.2% to $52.63 a barrel, while Brent crude edged 0.2% down at $58.24 a barrel.
read more... 09/10/2019
Romania's OMV Petrom reports new gas discovery
Romania's top oil and gas group OMV Petrom said on Tuesday said it has discovered new hydrocarbon resources in Gorj county, in Oltenia region.
read more... 09/10/2019
Qatar building large CO2 storage plant
Qatar commissioned a carbon capture-and-storage plant and aims to sequester five million tonnes of carbon dioxide from its liquefied natural gas (LNG) facilities by 2025.
read more... 08/10/2019
Daily (07.10.2019): EU carbon prices hit a new 6-month low on Friday due to bearish fundamentals
Crude oil prices firmed on Friday following a 1% decline in U.S. unemployment rate that reached a near 50-year low of 3.5%. Hence, Brent crude rose by 1.1% to $58.37 a barrel, while WTI futures added 0.7% to settle at $52.81 a barrel.
read more... 07/10/2019