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Daily (18.06.2018): Brent crude slumped by more than 3.3% on Friday ahead of Vienna meeting this week
The meeting scheduled in Vienna this week between Saudi Arabia and Russia pressured oil prices on Friday. WTI crude was 2.7% lower at $65.06 a barrel. At the same time, Brent crude slumped by more than 3.3% to settle at $73.44 a barrel.
read more... 18/06/2018
Daily(15.06.2018): Carbon prices slumped by 2.6% on Thursday due to late selling
A stronger dollar and a potential decision of the OPEC and its allies to increase production weighed on Brent crude on Thursday, which settled 80 cents, or about 1% lower at $75.94 a barrel. Meanwhile, WTI crude soared by 0.4% to end at $66.89 a barrel, in a catchup process to the higher priced products and Brent values.
read more... 15/06/2018
Russia, Saudi Arabia Agree To Expand Cooperation On Oil, Gas
Russia and Saudi Arabia say they have agreed to expand their cooperation on oil and gas matters after having teamed up to help bolster oil prices in the past two years.
read more... 15/06/2018
Daily (14.06.2018): NBP day-ahead gas price jumped by 3.4% on Wednesday due to an undersupplied system
Increased demand in fuel consumption in the United States and lower crude inventories boosted oil prices on Wednesday. Brent crude futures rose by 1.1% to settle at $76.74 a barrel. U.S. West Texas Intermediate (WTI) crude futures added 28 cents, or 0.4%, to $66.64 a barrel.
read more... 14/06/2018
Daily (12.06.2018): Carbon prices slumped by 2.1% on Monday on worries about high auction supply
On Monday, oil prices edged slightly higher on optimism over the US – Korea summit’s aftermath between their leaders — Donald Trump and Kim Jonh Un in Singapore. Brent crude futures was stable at $76.46 per barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures rose by 0.6% to $66.10 a barrel.
read more... 12/06/2018