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Daily (15.12.2023): European carbon prices plunged to their lowest in 14 months on Thursday amid continuous selling pressure and weaker demand

On Thursday, oil prices surged, as speculative traders took profits and investors showed an increased appetite for risk assets. This increase was prompted by a more relaxed stance from the Fed. Consequently, both contracts jumped by over 3%, with Brent crude closing at $76.61, and WTI crude ending at $71.58 per barrel.

read more... 15/12/2023

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Daily (12.12.2023): European carbon prices hit a 14-month low on Monday, driven by falling gas prices

On Monday, oil prices saw a modest increase as investors were cautious in anticipation of a week filled with market reports and decisions on monetary policy. As a result, Brent crude closed slightly above $76, while WTI crude ended at $71.32 per barrel.

read more... 12/12/2023

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Slovakia to allocate more funding to avoid rising prices of household energy

The Slovak government will give €1.25 billion to energy aid next year in an effort to prevent a 20% increase in household electricity charges, Slovak Economy Minister Denisa Saková said on Wednesday.

read more... 07/12/2023

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Daily (30.11.2023): Gas prices tumbled on Wednesday, driven by falling demand and a well-supplied market

Oil prices increased by about 2% on Wednesday, driven by optimistic reports suggesting that the OPEC+ alliance is contemplating additional reductions in oil production. Consequently, Brent crude settled at $83.10 per barrel, while WTI crude ended at $77.86 per barrel.

read more... 30/11/2023

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Daily (29.11.2023): Oil prices rebounded on Tuesday amid a tense and volatile market ahead of OPEC and its allies meeting

Oil prices experienced a rebound on Tuesday in a tense and volatile market, filled with numerous rumors ahead of the meeting of the OPEC and its allies on Thursday. As a result, Brent crude settled at $81.68 per barrel, while WTI crude stood at $76.41 per barrel, both contracts increasing by over 2% day-on-day.

read more... 29/11/2023

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