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Daily (10.05.2018): European year-ahead power prices surged to new peaks on Wednesday due to bullish energy complex

Oil prices jumped to new 3½-year highs on Wednesday following U.S. President Trump’s decision to abandon the nuclear deal with Iran and the announcement of stricter sanctions against the OPEC member. Brent crude added $2.36, or 3.2%, to end at $77.21 a barrel. WTI futures traded 3% higher at $71.14 a barrel.

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Daily (09.05.2018): WTI crude fell 2.4% on Tuesday after Trump’s announcement that U.S. will withdraw from Iran nuclear deal

Oil prices posted losses on Tuesday after Donald Trump’s announcement that the United States will withdraw from the 2015 Iran nuclear agreement. Brent crude dropped by $1.32, or 1.7 percent, to close at $74.85. WTI futures slumped by 2.4% to $69.06 a barrel.

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Daily (08.05.2018): Carbon prices jumped by 4.6% on Monday on long-awaited announcement of EU aviation allowance auctions

Oil prices hiked on Monday due to forecasts for higher prices on gasoline and consumer goods. Brent futures rose $1.3, or 1.7%, to end at $76.17 a barrel. WTI crude surged by 1.5% to settle at $70.73 a barrel, for the first time above $70 level since late 2014.

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Daily (07.05.2018): WTI crude surged by 1.9% on Friday due to tight global supplies

Oil prices rose on Friday on tight global supplies and because the market waited for the news on possible new U.S. sanctions against Iran. Brent crude added $1.25, or 1.7 percent, to close at $74.87 a barrel. WTI futures settled 1.9% higher at $69.72 a barrel.

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Daily (04.05.2018): French spot power contract down 8.9% on Thursday due to higher wind and solar generation

OPEC output cuts and the potential for new U.S. sanctions on Iran bolstered oil prices on Thursday. Brent crude gained 26 cents, or 0.4%, to close at $73.62 a barrel. WTI futures added $0.5, or 0.7%, to end at $68.43 a barrel.

read more... 04/05/2018

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