Latest news

Daily (20.07.2018): Carbon prices jumped by 2.7% on Thursday due to strong auction

Brent crude decreased by 0.4% to end at $72.58 a barrel on Thursday, due to a strong dollar, higher U.S. crude output and an unpredicted rise in the production of the Organization of the Petroleum Exporting Countries and Russia. On the other side, WTI crude hiked by 1% to $69.46 a barrel, after Saudi Arabia's OPEC governor declared the kingdom's crude exports will decline by around 100,000 barrels per day in August.

read more... 20/07/2018

news

Daily (19.07.2018): UK gas prices boosted by around 2% on Wednesday, due to strong demand and lower supplies

Oil prices surged on Wednesday, as U.S. government data pointed out stronger demand for gasoline and distillates. Brent crude climbed 1% higher to end at $72.90 a barrel. Meanwhile, WTI crude also hiked by 1% to $68.76 a barrel, even though U.S. oil production hit a new record of 11 million barrels per day.

read more... 19/07/2018

news

Daily (18.07.2018): German spot power price dropped by almost 5% on Tuesday, on stronger wind generation and reduced demand

Oil prices increased on Tuesday, due to a decline in stocks and as two of four processing terminals in Venezuela are likely to close because of scheduled maintenance this month. Brent crude rose by 0.5% to $72.16 a barrel. However, WTI crude was almost steady at $68.08 a barrel.

read more... 18/07/2018

news

Daily (17.07.2018): Brent crude price slumped by more than 4% on Monday, as Libyan ports relaunched

Oil prices plummeted on Monday, as ports in Libya resumed their activity and traders count on a boost in supply from Russia and other producers. Brent crude tumbled by 4.6% to $71.84 a barrel, its lowest level since the middle of April. Meanwhile, WTI crude slumped by 4.2% to end at $68.06 a barrel.

read more... 17/07/2018

news

Daily (16.07.2018): NBP spot gas price rose by 2.6% on Friday, due to an undersupplied system

Oil prices hiked on Friday, due to the stoppage in Norway and Iraq, while a decline in supplies from Venezuela influenced the global output. Brent crude soared by 1.2% to $75.33 a barrel. Meanwhile, WTI crude settled 1% higher at $71.01, despite U.S. Secretary of State Mike Pompeo’s statement that Washington would consider granting waivers to Iran's crude buyers.

read more... 16/07/2018

news