Latest news
Daily (20.06.2018): NBP day-ahead gas price plummeted by 3.3% on Tuesday due to an oversupplied system
OPEC and Russia are likely to decide this week whether to increase their oil output, having a bearish effect on crude prices on Tuesday. Brent crude slipped by 0.4% to $75.08 a barrel, while WTI crude plummeted by around 1.2% to settle at $65.07 a barrel.
read more... 20/06/2018
Daily (19.06.2018): French spot power contract gained 26% on Monday, due to higher air conditioner demand
A looming trade dispute between U.S. and China buoyed oil prices on Monday. Furthermore, Brent crude jumped by 2.6% to $75.34 a barrel, ahead of the OPEC meeting this week aimed at raising global crude supply. WTI crude hiked by 1.2% to $65.85 a barrel.
read more... 19/06/2018
Egypt Raises Fuel Prices By Up To 50%
Egypt is hiking gasoline prices by up to 50 percent, as it is seeking to meet reform requirements for funds extended by the International Monetary Fund (IMF), but the gradual removal of the fuel subsidies makes ordinary Egyptians angry with austerity measures.
read more... 19/06/2018
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