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Daily (25.01.18): Oil prices rose 0.8% after record 10th straight weekly decline in U.S. inventories
Oil prices were boosted by robust volumes on Wednesday, after the record 10th consecutive weekly decline in U.S. crude inventories, even though reduced refining activity and increasing output signaled U.S. stocks might surge. Brent crude rose by 57 cents, or 0.8%, to settle at $70.53 per barrel. U.S. West Texas Intermediate (WTI) futures increased by 1.7 percent to $65.61 a barrel.
read more... 25/01/2018
Daily (19.01.2018): EU carbon prices jumped by 3.6% on Thursday to hit fresh 2-year highs
Oil prices slipped on Thursday on a bounce-back in U.S. output, but continuing declines in crude inventories limited losses in the market. Brent crude futures traded 7 cents, or 0.1%, lower at $69.31. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures was almost constant at $63.95 a barrel.
read more... 19/01/2018
Daily (18.01.2018): UK day-ahead gas price fell 2.5% on Wednesday due to healthy supplies
Oil prices edged higher on Wednesday before the publication of U.S. government data that was likely to indicate a ninth straight weekly drawdown in crude inventories. Brent futures settled 23 cents, or 0.3%, up at $69.38 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 24 cents, or 0.4%, to $63.97 per barrel.
read more... 18/01/2018
Daily (16.01.2018): Brent crude settled close to a 3-year peak above $70 a barrel on tightening supplies
Oil prices jumped to near a three-year peak above $70 a barrel on Monday on signs that output reductions by OPEC and Russia are tightening supplies, although analysts warned of a "red flag" due to surging U.S. production.
read more... 16/01/2018
Daily (09.01.2018): EU carbon prices dropped by 1.5% on Monday
Oil prices were little changed on Monday, trading close to their highest levels since May 2015, as political worries in several OPEC countries counterbalanced forecast for higher U.S. oil output. Brent futures gained 16 cents, or 0.2 percent, to settle at $67.78 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude edged 29 cents, or 0.5 percent, higher at $61.73.
read more... 09/01/2018