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Daily (07.09.2018): Carbon Contracts gained more than 5% on Thursday, due to limited allowance supply
Oil crude prices extended losses on Thursday, on worries about China’s demand amid growing trade disputes. Moreover, gasoline and distillate stocks at Cushing, Oklahoma delivery hub were at their highest level in four years, pressuring prices. Brent crude decreased by 1% to close at $76.50 a barrel, while WTI crude slumped by 1.4% to $67.77 a barrel.
read more... 07/09/2018
Daily (06.09.2018): Brent crude lost more than 1% on Wednesday, amid trade tensions between China and U.S.
Oil crude prices slipped on Wednesday, on fears over the demand, as trade disputes between U.S. and China intensified, and potential new sanctions on $200 billion of Chinese imports might be imposed. Brent crude closed 1.2% down at $77.27 a barrel, while WTI crude slumped by 1.7% to $68.72 a barrel.
read more... 06/09/2018
Daily (05.09.2018): The UK gas contract for October delivery gained 1.4%, due to an undersupplied system
Oil crude prices fluctuated during the day on Tuesday, as a tropical storm hit the U.S. Gulf coast, while countries of the Pacific region decided to continue procurement of Iranian crude, despite U.S. sanctions. Brent crude price edged slightly higher at $78.17 a barrel, but gains were capped by a stronger dollar. WTI crude price edged 0.3% lower to $69.87 a barrel, due to a rise in crude inventories at Cushing, Oklahoma.
read more... 05/09/2018
Daily (04.09.2018): Brent crude rose by almost 1% on Monday, ahead of the second wave of U.S. sanctions
Oil crude prices hiked on Monday, due rising concerns about reduced supplies globally after U.S. sanctions against Iran will be applied in late autumn. Brent crude price increased by 0.9% to $78.15 a barrel. Meanwhile, WTI crude price was 0.4% up at $70.09 a barrel, as stronger supply from OPEC and the US limited gains.
read more... 04/09/2018
Daily (03.09.2018): NBP spot price plummeted by 3.5%, due to an oversupplied system
Friday saw a bearish evolution in oil prices, as a sudden hike in stock and a continued trade war cast a pessimistic economic outlook over the fuel demand. Brent Crude price dropped by 0.5% to close at $77.42 a barrel, resulting in a 1.4% increase for the week. Meanwhile, WTI crude price gained 0.2% at $69.80 a barrel, due to a decline in Venezuela’s outputs.
read more... 03/09/2018