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Daily (07.06.2019): NBP spot price plunged by 5.5% on Thursday, amid persistent oversupply
Crude oil prices rose on Thursday, following the hiking U.S. stocks which were boosted by a report showing that U.S. could delay tariffs on imported goods from Mexico. Brent crude added 1.7% to trade at $61.67 a barrel, while WTI futures jumped by 1.8% to $52.59 a barrel. Still, last week’s surge in U.S. crude stocks coupled with new threats from U.S. President Donald Trump to impose tariffs on further Chinese goods could limit the rally.
read more... 07/06/2019
Romania's Nuclearelectrica, China's CGN sign prelim agreement for Cernavoda NPP Units 3,4
Nuclearelectrica, the operator of Romania's sole nuclear power plant (NPP) Cernavoda, said on Wednesday it has signed a preliminary investors agreement (PIA) with two Chinese companies for the construction of Units 3 and 4 at the NPP.
read more... 10/05/2019
Daily (09.05.2019): WTI futures rose by 1.2% on Wednesday, due to an unexpected drawdown in U.S. crude stockpiles
Despite worries over the U.S.-Chinese trade negotiations, crude oil prices added ground on Wednesday due to a surprise drawdown in U.S. crude stockpiles. Brent crude edged 0.7% higher at $70.37 a barrel, while WTI futures traded 1.2% up at $62.12 a barrel.
read more... 09/05/2019
Iraq signs 1.07-bln-USD deal with Chinese company
Iraq and a Chinese company signed on Wednesday a 1.07-billion-U.S. dollar agreement to process associated gas extracted from Iraq's southern giant Halfaya oilfield.
read more... 09/05/2019
Daily (07.05.2019): EU electricity prices spiked by nearly 30% on Monday, as cold weather lifted demand
Oil prices inched higher on Monday amid growing tensions between U.S. and Iran, paring earlier losses after President Donald Trump’s statement on a potential rise in tariffs on Chinese goods. Brent crude added 0.6% to trade at $71.24 a barrel.
read more... 07/05/2019