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Daily (06.11.2018): NBP spot dropped by over 3% on Monday, due to warm weather and weaker demand
After 5 consecutive days of declines, oil prices edged slightly higher on Monday, as sanctions against Iranian exports were imposed, except for a few countries which have been allowed to continue crude procurement from the Islamic nation. Brent crude rose 0.5% to $73.17a barrel, but gains were limited by US-China trade tensions. WTI crude was almost unchanged at $63.10 a barrel.
read more... 06/11/2018
Daily (05.11.2018): Carbon prices soared by almost 10% on Friday, tracking a bullish energy complex
Oil prices were slightly bearish on Friday, as President Donald Trump exempted several countries from sanctions against Iran, allowing them to continue purchasing Iranian crude for at least six months. Brent crude slipped by 0.1% to $72.83 a barrel. Meanwhile, WTI crude traded 0.9% lower at $63.14 a barrel.
read more... 05/11/2018
Daily (02.11.2018): WTI crude posted a 17% loss from highs hit in early October to settle at $63.69 a barrel on Thursday
Crude oil prices extended losses on Thursday, as crude production rose by over 2 million barrels per day during the last 12 months. Moreover, increased concerns over a potential slowdown in global growth amid continuous trade tensions between U.S. and China put more pressure on prices.
read more... 02/11/2018
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Daily (01.11.2018): Brent crude fell 0.6% on Wednesday, amid concerns over global demand
On Wednesday, oil crude prices continued to lose ground, posting the worst monthly performance since July 2016 amid the escalating trade war between U.S and China and concerns over global demand. Brent crude lost by 0.6% to $75.47 a barrel, while WTI crude traded 1.3% down at $65.31 a barrel.
read more... 01/11/2018
Daily (31.10.2018): NBP gas prices fell on Tuesday on oversupply and warmer weather
Oil crude prices fell sharply on Tuesday in a choppy trade, following API data indicating an increase in inventories, and on expectations for lower fuel demand amid trade tensions between the U.S. and China. Brent crude slumped by 1.9% to $75.91 a barrel, while WTI crude traded 1.3% down at $66.18 a barrel.
read more... 31/10/2018