Latest news
Daily (05.10.2018): NBP gas contract for delivery in 2019 traded 1.3% higher on Thursday despite lower consumption and a well-supplied system
Oil crude prices lost momentum on Thursday, due to forecasts for an increase in production by Saudi Arabia and Russia. However, the price losses were tempered by the forthcoming U.S. sanctions on Iranian exports. WTI crude closed 2.7% down at $74.33 a barrel, while Brent crude oil futures dropped by 2% to trade at $84.58 a barrel.
read more... 05/10/2018
Daily (04.10.2018): Brent hits a new four-year high on Iran supply worries and increased demand
Oil crude prices rose on Wednesday, driven by looming U.S. sanctions on Iran, despite reports of higher Saudi Arabian and Russian production and the 8 million barrels jump in U.S. crude inventories last week. WTI crude surged by 1.6% or 18 cents to $76.41 a barrel, while Brent price was 1.8% up at $86.29 a barrel.
read more... 04/10/2018
Daily (03.10.2018): The German spot power price tumbled by 57% on Tuesday due to higher wind generation
Global oil prices slipped slightly on Tuesday due to reduced demand. However, the market’s anticipation of tighter supply once U.S. sanctions against Iran’s oil industry will come into effect early next month kept oil prices above $84 level.
read more... 03/10/2018
Daily (02.10.2018): French spot power prices hiked by 10.4% on Monday, on lower nuclear and wind power generation
Oil crude prices continued to surge on Monday due to increased worries about global supply after U.S. sanctions targeting Iran’s oil exports will come into effect early next month, with about 1.5 million barrels per day of Iranian oil expected to disappear. Brent crude price, the international benchmark, gained additional 2.7% to trade at $82.98 a barrel. WTI crude was up by 2.8% at $75.30 a barrel.
read more... 02/10/2018
Daily (01.10.2018): Brent oil jumped to a four-year high on Friday anticipating Iran sanctions
Oil prices earned more than $1 a barrel on Friday, reaching a new four-year high, as U.S. sanctions against Iranian exports tightened global supply. Even if other main exporters such as Saudi Arabia pumped more oil, Brent crude edged 1.2% higher at $82.72 a barrel. Meanwhile, WTI crude surged by 1.6% to $73.25 a barrel, supported by a report on a stagnant rig count in the U.S.
read more... 01/10/2018