Latest news
Daily (14.02.2024): European carbon prices continued their downward trend on Tuesday amid selling pressure and bearish energy complex
Oil prices finished higher on Tuesday, despite a disappointing inflation report from the United States, which some saw as a sign that demand remains sustained. Hence, Brent crude rose by about 1% to settle at $82.77 a barrel, while WTI crude increased by more than 1.2% to stand at $77.87 a barrel.
read more... 14/02/2024
Daily (13.02.2024): Forward gas prices declined by about 5% on Monday due to a comfortable supply outlook
Oil prices ended mixed on Monday, with the market showing some relaxation after the recent surge. Nonetheless, geopolitical tensions persist. Consequently, Brent crude traded 0.2% lower at $82 a barrel, while WTI crude remained relatively stable to bullish at $76.92 a barrel.
read more... 13/02/2024
.jpg)
France stalling over EDF wholesale tax
The government was mulling scrapping any reference to the tax from its draft energy sovereignty bill, which it had initially planned to table at the beginning of the month but had now postponed, said the MPs from the government’s ruling Renaissance party, confirming a report in French daily La Tribune.
read more... 13/02/2024
Daily (12.02.2024): Carbon prices tumbled by over 3% on Friday, weighed by abundant supply and strong selling pressure
Oil prices rose by about 1% on Friday, stimulated by concerns over Middle East conflict as well as strong tensions on refined products. Consequently, Brent crude settled at $82.19 a barrel, while WTI crude stood at $76.84 a barrel.
read more... 12/02/2024
Daily (09.02.2024): Oil prices surged by 3% on Thursday amid signs of improved demand
Oil prices surged on Thursday, driven by indications of strong demand as US crude exports hit a historic high of 4.06 million bbl/day in 2023, reflecting a 13% rise from 2022. Persistent worries over tensions in the Middle East provided further support. As a result, Brent crude stood at $81.63 a barrel, while WTI crude settled at $76.22 a barrel, both contracts climbing by over 3% day-on-day.
read more... 09/02/2024