Latest news
Daily (24.08.2018): UK NBP spot price jumped by 2.1% on Thursday, due to an undersupplied system
Oil prices were stable on Thursday, as previous gains due to a larger-than-expected draw in inventories were counterbalanced by growing outputs in the U.S., Russia and Saudi Arabia. Moreover, escalating trade disputes between US and China weighed on demand. Brent crude price edged slightly lower at $74.73 a barrel, while WTI crude price was almost steady at $67.83 a barrel.
read more... 24/08/2018
Daily (23.08.2018): Brent crude jumped by 3% on Wednesday, due to an unexpected draw in crude stockpiles
On Wednesday, oil crude prices rose, as U.S reported a sudden draw in stocks, while sanctions on Iranian crude might put pressure on supplies. Brent crude price jumped by 3% to $74.78 a barrel. Moreover, WTI crude price closed 3.1% up at $67.86 a barrel.
read more... 23/08/2018
Daily (22.08.2018): Carbon prices jumped by almost €1 on Tuesday, tracking bullish power markets
Oil crude prices were mixed on Tuesday, on concerns regarding demand amid China - U.S. trade war, while U.S. inventories for refined products before the peak demand period are at their lowest level in four years. Brent crude added 0.6% to $72.63 a barrel. Meanwhile, WTI crude settled 0.9% lower at $65.84 a barrel.
read more... 22/08/2018
Daily (21.08.2018): German spot power contract gained almost 24% on Monday, on forecasts for a decline in wind generation
Oil crude prices continued their bullish trend on Monday, as investors were more worried about reduced supplies from Iran due to U.S. sanctions and less concerned that U.S-China trade tensions might lead to lower demand. Brent crude increased by 0.5% to $72.21 a barrel, after several declines. Meanwhile, WTI crude settled 0.8% higher at $66.43 a barrel.
read more... 21/08/2018
Daily (20.08.2018): Carbon contracts recovered on Friday, due to a bullish energy complex
Oil crude prices rose on Friday, but posted weekly losses, on concerns that a trade war might lead to a cut in oil demand. Brent crude closed 0.6% higher at $71.83 a barrel, or a 1.4% decline for the week. Meanwhile, WTI crude gained 0.7% to end at $65.91 a barrel, decreasing by 2.5% week-on-week.
read more... 20/08/2018