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Daily (08.05.2020): German Cal’21 power contract bounced by 1.3% on Thursday in tandem with stronger coal, carbon prices
Crude oil futures declined on Thursday amid doubts about the ability of oil giants to comply with their production quotas in an attempt to stabilize the market. Moreover, worries about economic recession, sluggish demand and oversupply eclipsed a rebound in Saudi Arabia’s official crude selling and an unexpected rise in Chinese exports last month.
read more... 08/05/2020
Daily (20.04.2020): The British spot gas price plunged by 7% to 13.25 p/therm on Friday due to a weak demand and an oversupplied system
Crude oil futures evolved differently on Friday, with U.S. WTI crude at 18-year lows as bearish Chinese economic figures and growing U.S. supplies overshadowed Trump’s plan to ease lockdown measures.
read more... 20/04/2020
Daily (05.02.2020): Forward gas and power prices recovered on Tuesday after several days of losses
Crude oil prices tumbled on Tuesday, remaining in a bear market, weighed by the coronavirus impact on Chinese and global demand for black gold, despite OPEC+ measures to calm the oil market.
read more... 05/02/2020
Power of Siberia Pipeline Nearing Completion
2020 will mark the start of Russian-piped gas exports to Chinese cities including Beijing, Harbin and Shanghai.
read more... 02/12/2019
Daily (27.11.2019): NBP spot tumbled by 5% on Tuesday due to an oversupplied system
Crude oil prices traded higher on Tuesday as top U.S. and Chinese trade negotiators made efforts to reach a so-called Phase 1 deal in a trade war that has dragged on for 16 months.
read more... 27/11/2019