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Daily (28.12.2020): Market influenced on Thursday by Brexit deal and Christmas holidays

Oil prices were marked by monotonous trading on Thursday, due to the approaching Christmas weekend. Brent crude and WTI oil ended rather flat at $51.29 and $48.23 a barrel respectively.

read more... 28/12/2020

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UK, EU agree to provisional post-Brexit trade agreement

The UK and EU have reached a provisional deal over their future trading relationship, avoiding the prospect of the two sides imposing tariffs on billions of dollars worth of imported goods from next year.

read more... 28/12/2020

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Daily (24.12.2020): Carbon EUAs increased by 2.4% on Wednesday amid hopes for a Brexit conclusion before Christmas

Crude oil prices gained ground on Wednesday, supported by an unexpected drop in US crude and petroleum reserves. Despite limited gains due to the new strain of coronavirus, Brent oil ended 2.2% up at $51.20 a barrel, while WTI crude traded 2.3% higher at $48.12 a barrel.

read more... 24/12/2020

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France’s ambitious offshore strategy faces obstacles

As the European Commission prepares to publish its offshore renewable energy strategy, France’s wind farm projects – already delayed compared to its European neighbours – face opposition from fishermen already operating in difficult maritime environments because of Brexit.

read more... 19/11/2020

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Daily (16.10.2020): EUAs close to a four-month low on Thursday due to Brexit uncertainty and weak auction demand

Oil prices edged lower on Thursday as OPEC sees a gloomy outlook on demand for black gold. Losses, however, have been limited, as the EIA report showed a larger-than-expected drop in crude stocks in the United States. Brent crude for December delivery traded 0.4% lower at $43.16 a barrel, while WTI oil slipped by 0.2% to $40.96 a barrel.

read more... 16/10/2020

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