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Daily (28.02.2018): UK day-ahead gas price jumped by over 33% on Tuesday due to cold weather and an undersupplied system

Oil prices declined on Tuesday, marking its first fall in five days, due to a firmer U.S. dollar and predictions that upcoming weekly data will indicate a rise in U.S. crude inventories. Brent crude dropped by 1.3% to end at $66.63 a barrel. WTI futures tumbled by 1.4% to close at $63.01 a barrel.

read more... 28/02/2018

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Daily (27.02.2018): German spot power price boosted by 103% on Monday as colder weather bolstered demand

Oil prices rose on Monday to almost a three-week peak hit a day earlier, due to signs of strong production cuts by OPEC and non-OPEC countries and an insignificant fall in U.S. output. Brent crude added 19 cents, or 0.3%, to end at $67.50 a barrel. WTI futures surged by 0.6% to settle at $63.91 a barrel.

read more... 27/02/2018

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Daily (26.02.2018): British day-ahead gas price jumped by 15.7% on Friday due to cold weather

Oil prices rose on Friday backed by a decline in Libyan output and optimistic comments from Saudi Arabia that an OPEC-led effort to reduce stockpiles through production cuts is functioning. Brent crude soared by 1.4% to close at $67.31 per barrel. WTI crude increased by 1.2% to end at $63.55 per barrel.

read more... 26/02/2018

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Daily (23.02.2018): WTI crude soared by 1.8% to two-week peaks on Thursday after an unpredicted draw in U.S crude stocks

Oil prices surged to two-week peaks on Thursday following data showing an unexpected draw in U.S. crude stocks. Brent crude added 97 cents, or 1.5 percent to end at $66.39 a barrel. West Texas Intermediate (WTI) futures jumped by 1.8 percent to close at $62.77 a barrel.

read more... 23/02/2018

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Daily (21.02.2018): German spot electricity prices fell 4.7% on Tuesday due to a rise in wind power supply

Oil prices fell on Tuesday after a session of profit-taking and due to a stronger dollar. Brent crude lost 42 cents, or 0.6%, to end at $65.25 a barrel. WTI futures closed 1% down at $61.79 per barrel.

read more... 21/02/2018

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