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Daily (20.10.2017): German year-ahead power contract ended 18.5% down on Thursday after having hit a peak of 3 years and 9 months
Oil prices fell on Thursday, pressured by bigger-than-anticipated product inventories in the United States and some profit-taking after the latest run-up in oil benchmarks. Brent crude futures traded 92 cents, or 1.6 percent, lower at $57.23 from Wednesday's mid-week peak of $58.15 a barrel.
read more... 20/10/2017
Daily (19.10.2017): Brent crude price hit $58.15 a barrel on Wednesday, or a 3-week high
Oil prices surged on Wednesday with Brent reaching 3-weeks high and then retreated after a surprising drop in U.S. refining rates and an unexpected build in U.S. fuel stocks. Nevertheless, overall trend was bullish, as Iraq Kurdistan's oil exports more than halved after Iraq military operation. Another threat to oil supply is the ongoing dispute between the U.S. and Iran. President Donald Trump last week refused to certify Iran's compliance with a nuclear deal, leaving Congress 60 days to decide further action. Brent crude edged $0.27, or 0.5%, up at $58.15, meanwhile the WTI price grew by 0.3% to $52.04 a barrel.
read more... 19/10/2017
Daily (16.10.2017): Brent crude surged 1.6% on Friday due to Middle East tensions and higher Chinese oil imports
Bullish news from robust Chinese oil imports and tensions in the Middle East supported oil prices on Friday, putting Brent on course for a weekly gain of around 3 percent. Brent crude futures ended $0.92, or 1.6 percent, up at $57.17 a barrel. Meanwhile, U.S. crude was up 85 cents, or 1.7 percent, at $51.45 per barrel.
read more... 16/10/2017
Daily (03.10.2017): French day-ahead electricity price rose on strong demand, tight nuclear supply
Oil prices decreased on Monday, sapping more strength from a third-quarter rally, amid signs that a global glut in crude may not be clearing as fast as bulls had anticipated. Brent crude traded $1.42, or 2.5%, lower at $56.12 a barrel. U.S. crude closed $1.09, or 2.1 percent, down at $50.58 a barrel.
read more... 03/10/2017
Daily (02.10.2017): UK day-ahead gas price fell 11% on less exports to Europe and lower Norwegian flows
Oil prices rose on Friday after a rally in prices on geopolitical instability in Iraqi Kurdistan helped Brent make its biggest third-quarter price performance since 2004.
read more... 02/10/2017