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Daily (09.02.2018): German spot power price tumbled by 18.2% on forecasts of higher wind generation and lower demand
Oil prices fell to their lowest level in seven weeks on Thursday due to worries regarding increasing global supplies after Iran declared about its plans to boost production and U.S. crude output hit record peaks. Brent crude slumped by 1.1 percent, to settle at $64.81 per barrel. WTI crude edged 1% lower at $61.15 per barrel.
read more... 09/02/2018
Daily (08.02.2018): EU carbon prices jumped by 2.3% on Wednesday
Oil prices dipped to a one-month low as U.S. data showed a rise in inventories and record peaks attained in crude production, raising worries of more selling that could expose speculators to make big bets on the ascending trend in crude prices. Brent crude declined by 2 percent, to close at $65.51 a barrel. WTI crude was 2.5% down at $61.79 per barrel.
read more... 08/02/2018
Daily (07.02.2018): UK spot gas price rose by 2.7% on colder weather and higher demand
Oil declined for a third day in a row due to a selling wave that hit equities, bonds, cryptocurrencies and commodities, and amidst pressure from a rising dollar. Brent crude slumped by 1.1% to $66.86 per barrel. WTI ended 1.2% lower at 63.39$ per barrel.
read more... 07/02/2018
Daily (06.02.2018): German Spot Electricity Price Hiked by 17% on Monday Due to Higher Demand
Oil prices ended lower on Monday as U.S. output increases, a weaker physical market and recent dollar strength added to the pressure from an extensive decline across equities and commodities markets. Brent crude slumped by 1.4 percent, at $67.62 a barrel. WTI tumbled by 2% to $64.15 per barrel.
read more... 06/02/2018
Daily (05.02.2018): UK day-ahead gas contract traded 1.4% higher on Friday due to colder weather
Oil prices fell on Friday as the dollar surged following strong U.S. jobs growth, while production cuts by OPEC and progressive global demand kept much of the early year oil rally in place. Brent crude slumped by 1.5 percent, to $68.58 a barrel. WTI ended 0.5% lower at $65.45 a barrel.
read more... 05/02/2018