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Daily (12.05.2022): Brent crude spiked by 5% on Wednesday on worries about supply

Brent oil prices increased on Wednesday by 4.9% to $107.51 per barrel amid a pending European Union ban on oil from Russia, that could further tighten global supplies is underpinning prices.

read more... 12/05/2022

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Daily (06.05.2022): European forward electricity prices surged to record highs on Thursday amid a bullish energy complex

Oil prices increased slightly on Thursday, with the market continuing to digest the announcement from the European Commission that an EU ban on Russian oil is on the way. Consequently, Brent crude rose by 0.6% to $110.90 a barrel, while WTI crude added 0.4% to $108.26 a barrel.

read more... 06/05/2022

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Daily (05.05.2022): Oil prices rose following EU proposal to ban imports of Russian crude

Oil prices jumped, as European Union proposed a ban on imports of Russian crude within six months and on refined oil products from the country by year-end. Consequently, Brent crude surged by 4.9% to $110.14 a barrel, and WTI crude oil soared by 5.2% to $107.81 a barrel.

read more... 05/05/2022

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EC aims to ban Russian crude imports within 6 months

The European Commission will propose to end Russian crude oil imports to the EU within six months and refined products by the end of the year, its president Ursula von der Leyen said on Wednesday.

read more... 05/05/2022

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Daily (03.05.2022): European carbon prices decreased by 1.7% on Monday as compliance interest wane

Crude oil prices diverged on Monday, with Brent crude declining by 1.6% at $107.58 a barrel as concerns of slowing economic growth in China outweighed fears of a potential supply cut from a looming EU-wide ban on Russian oil. In contrast, US WTI crude futures rose by 0.5% to settle at $105.17 a barrel, tracking the rally in the diesel market.

read more... 03/05/2022

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