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Daily (28.02.2017): UK spot gas down 1.5%, pressured by an oversupplied system
Crude oil prices posted minor changes on Monday as the prospect for the U.S. crude production to continue increasing outweighed reports of high compliance to the OPEC production cut agreement.
read more... 28/02/2017
Daily (27.02.2017): Brent crude down 1% due to rising U.S. production
Crude oil prices fell on Friday as market returned to volatility last week as rising U.S. production continues to weigh on OPEC's efforts to reduce supply.
read more... 27/02/2017
Daily (24.02.2017): Oil pares gains after 7th consecutive rise in crude inventories
Crude oil climbed on Tuesday, but gains were pared after the U.S. government figures indicated a seventh consecutive increase in crude inventories, undermining OPEC’s initiative to cut output.
read more... 24/02/2017
Daily (23.02.2017): UK’s near-term gas prices remain bearish on oversupplied system
Crude oil prices declined over 1 percent on Wednesday on expectations of another rally in U.S. stockpiles, retreating from multi-week highs reached in the last session on OPEC’s optimism over its deal with other producers to slash output.
read more... 23/02/2017
Daily (22.02.2017): Oil up about 1%, after hitting three-week highs
Crude oil prices settled about 1 percent higher on Tuesday on OPEC’s optimism for greater compliance over its deal with other producers, including Russia to reduce output to clear a glut that has weighed on markets since 2014.
read more... 22/02/2017