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Daily (11.05.2018): EU carbon contracts hit new 7-year peaks on Thursday following energy gains

Oil prices surged on Thursday, as US sanctions are most likely to affect oil flows from the major exporter Iran.

read more... 11/05/2018


Daily (10.05.2018): European year-ahead power prices surged to new peaks on Wednesday due to bullish energy complex

Oil prices jumped to new 3½-year highs on Wednesday following U.S. President Trump’s decision to abandon the nuclear deal with Iran and the announcement of stricter sanctions against the OPEC member. Brent crude added $2.36, or 3.2%, to end at $77.21 a barrel. WTI futures traded 3% higher at $71.14 a barrel.

read more... 10/05/2018


Daily (09.05.2018): WTI crude fell 2.4% on Tuesday after Trump’s announcement that U.S. will withdraw from Iran nuclear deal

Oil prices posted losses on Tuesday after Donald Trump’s announcement that the United States will withdraw from the 2015 Iran nuclear agreement. Brent crude dropped by $1.32, or 1.7 percent, to close at $74.85. WTI futures slumped by 2.4% to $69.06 a barrel.

read more... 09/05/2018


Daily (08.05.2018): Carbon prices jumped by 4.6% on Monday on long-awaited announcement of EU aviation allowance auctions

Oil prices hiked on Monday due to forecasts for higher prices on gasoline and consumer goods. Brent futures rose $1.3, or 1.7%, to end at $76.17 a barrel. WTI crude surged by 1.5% to settle at $70.73 a barrel, for the first time above $70 level since late 2014.

read more... 08/05/2018


BP ready to launch drilling operations of the first well in shallow waters of Absheron Peninsula

Vice-President for External Affairs of BP Company in Azerbaijan, Georgia and Turkey Bakhtiyar Aslanbeyli declared that BP Company intends to launch the drilling of the first well in promising structures in the shallow waters of Absheron Peninsula (SWAP) at the beginning of 2019.

read more... 07/05/2018