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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
Daily (30.10.2018): Carbon prices slumped to 3-month lows on Monday
Oil prices eased on Monday, amid weaker stock markets and on signs of rising global supplies shrugging off US sanctions imposed on Iranian crude. In addition, Washington released a report indicating another round of tariffs on Chinese production, which also creates a bearish sentiment. Accordingly, Brent crude edged 0.4% lower at $77.34 a barrel. WTI crude lost 0.8% to $67.04 a barrel.
read more... 30/10/2018
BP profit doubles in best underlying result in over 5 years
Oil major BP PLC on Tuesday said higher oil prices and a positive operating performance led to a doubling in the company's quarterly profit.
read more... 30/10/2018
Daily (29.10.2018): The German spot power price slumped by almost 18% on Friday, due to stronger wind generation
Friday saw an upward trend in oil prices, as looming Washington’s sanctions over Iranian crude exports will likely lead to a reduction in the market supplies. Accordingly, Brent crude ended 1% higher at $77.62 a barrel. Meanwhile, WTI crude gained only 0.4% to 67.59 a barrel.
read more... 29/10/2018
Daily (24.10.2018): Oil crude prices fell by over 4% on Tuesday, as OPEC’s main producer pledged to meet demand
Oil prices slumped on Tuesday, following Saudi Arabia promises to supply the market, as the U.S. sanctions over the Iranian exports will be implemented in less than 2 weeks. Brent crude price tumbled by 4.3% to $76.44 a barrel. Meanwhile, price for WTI crude decreased by 4.2% to $66.43 a barrel.
read more... 24/10/2018