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(Daily 19.07.2022): Oil prices rebounded on Monday, influenced by a weaker dollar
Oil prices rebounded on Monday, influenced by a weaker dollar and expectations that the US Federal Reserve will not raise interest rates by a full percentage point to combat inflation. Thus, Brent crude rose by 5% to settle at $106.27 a barrel, while WTI surged by 4.1% to $102.6.
read more... 19/07/2022
Daily (31.01.2022): Energy markets were in disarray on Friday, influenced by escalating tensions between Ukraine and Russia
Crude oil prices increased slightly on Friday, amid extended risks to crude supply due to escalating geopolitical tensions between Ukraine and Russia. Thus, Brent oil rose by 0.8% to $90.03 a barrel and WTI crude edged 0.2% higher at $86.82 a barrel.
read more... 31/01/2022
Daily (22.04.2021): Crude oil prices lost 2% on Wednesday, influenced by an increase in US crude stocks
Crude oil prices were bearish on Wednesday, pressured by an increase in US commercial crude stocks. Furthermore, concerns over the number of Covid-19 infections which limits global consumption also weighed on prices. As such, Brent oil lost 1.9% to close at $65.32 a barrel and WTI crude fell by 2.1% to $61.35 a barrel.
read more... 22/04/2021
Daily (10.03.2021): Carbon prices hit new highs above 40EUR amid bullish equities and energy markets
Oil crude futures retreated on Tuesday, influenced by expectations of a rise in US crude inventories. Furthermore, stronger dollar coupled with a possible increase in Libya oil production also pressured the prices. Hence, Brent crude fell by 1.1%, or $0.72 to settle at $67.52 a barrel. At the same time, US WTI crude lost 1.6% or $1.04, to end at $64.01 a barrel.
read more... 10/03/2021
Daily (28.12.2020): Market influenced on Thursday by Brexit deal and Christmas holidays
Oil prices were marked by monotonous trading on Thursday, due to the approaching Christmas weekend. Brent crude and WTI oil ended rather flat at $51.29 and $48.23 a barrel respectively.
read more... 28/12/2020