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Daily (02.05.2022): NBP gas prices slumped on Friday due to reduced concerns over Russian gas supply
Oil prices varied on Friday, on worries about weak economic growth in China, the world's top oil importer as well as fears of potential supply in case of a potential European Union ban on Russian crude.
read more... 02/05/2022
Daily (27.04.2022): British gas price surged on Tuesday amid news that Russia will suspend gas flows to Poland
Crude oil prices rebounded on Tuesday a pledge of China’s central bank to boost liquidity in financial markets, which helped soothe concerns about the impact of a resurgent Covid-19 that had led to another lockdown. Hence, Brent crude increased by $2.67, or 2.6%, to settle at $104.99 a barrel. U.S. WTI crude soared by $3.16, or 3.2%, at $101.70.
read more... 27/04/2022
Daily (26.04.2022): Oil prices fell by about 4% on Monday amid demand destruction concerns from China
Crude oil prices slumped to their lowest levels in two weeks on Monday. The market reacted bearishly to the news that China will prolong the strict coronavirus lockdown, a measure that the market fears will result in a slowing economy and weak demand. Hence, Brent crude fell by $4.33, or 4.1%, to settle at $102.32 a barrel. U.S. WTI crude fell by $3.53, or 3.5%, to settle at $98.54.
read more... 26/04/2022
Daily (25.04.2022): European carbon prices rallied to two-month high on Friday amid strong technical signals
Crude oil prices retreated on Friday amid indications of a potential economic slowdown as COVID lockdowns in China are hurting demand. Hence, Brent crude settled down $1.68, or 1.6%, at $106.65 a barrel. U.S. WTI crude declined by $1.72, or 1.7%, to $102.07 a barrel.
read more... 25/04/2022
Daily (12.04.2022): Brent crude fell below $100 a barrel on Monday amid Covid outbreak in China
Crude oil prices fell on Monday, with Brent slipping below $100 a barrel as the Covid outbreak reached record levels in China, raising concerns about oil demand. Hence, Brent crude dropped by $4.30, or 4.2%, to settle at $98.48 a barrel, its lowest close since March 16. WTI crude fell by $3.97, or 4.0%, to settle at $94.29 a barrel.
read more... 12/04/2022