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Daily (24.01.2017): German day-ahead power contract up 111% amid strong demand

Crude oil prices lost 1 percent on Monday as signs of a strong rebound in U.S. drilling activity eclipsed news that OPEC and non-OPEC producers were likely to meet output reduction objectives.

read more... 24/01/2017

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Daily (23.01.2016): Crude oil soars over 2% ahead of producers’ compliance meeting

Crude oil prices surged more than 2 percent on Friday on expectations that weekend‘s meeting of the world largest oil producers would establish a mechanism to verify compliance with a deal to reduce 1.8 million barrels per day (bpd) of output.

read more... 23/01/2017

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Spain's gas demand breaks daily record

Spanish LNG terminal operator Enagas announced on Thursday that Spain hit a new record high in daily gas demand on Wednesday.

read more... 20/01/2017

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Daily (20.01.2017): UK prices increase on colder weather predictions, Rough outage

Oil prices jumped on Thursday, but increasing U.S. crude stockpiles limited the rally from a one-week low after the International Energy Agency mentioned that oil markets had been reducing even before cuts agreed by OPEC and other producers took effect.

read more... 20/01/2017

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Daily (19.01.2017): Crude oil prices down on a stronger dollar and expectations that US producers would raise output

Oil prices decreased on Wednesday to their lowest level in a week, due to a strong dollar and prospects that U.S. producers would increase production, at the same time as OPEC's output was down from a record high. Brent has ended the session at $53.92 per barrel, down $1.55 or 2.79 percent, while U.S. crude settled at $51.08, down $1.40, or 2.67 percent. Before the settlement, both contracts dropped to their lowest level in a week.

read more... 19/01/2017

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