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Daily (10.11.2017): German day-ahead power price fell 39% on forecasts of tripled wind generation

Oil prices increased on Thursday, encouraged by supply reductions by major exporters as well as ongoing worries over political developments in Saudi Arabia.

read more... 10/11/2017

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Daily (07.11.2017): EU carbon prices hit a 21-month high on Monday

Oil prices jumped on Monday to hit their peak since July 2015 as Saudi Arabia's crown prince cemented his power over the weekend with an anti-corruption restriction, while markets continued to constrict.

read more... 07/11/2017

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Daily (27.10.2017): Brent crude price hit a 27-month peak on Thursday

Brent crude settled at a 27-month peak on Thursday as the market concentrated more on comments from Saudi Arabia about stopping a global supply glut instead of an unpredicted rise in U.S. crude inventories, increased U.S. output and exports.

read more... 27/10/2017

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Daily (26.10.2017): German spot power prices boosted by lower wind generation and colder weather

Oil stabilized on Wednesday close to a four-week peak after major exporter Saudi Arabia stated that it was determined to stop a supply glut that has influenced the market for three years. Brent crude futures rose 11 cents, or 0.20%, to end at $58.44 a barrel. Meanwhile, U.S. West Texas Intermediate crude traded 0.6% down at $52.27.

read more... 26/10/2017

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Daily (11.10.2017): EU carbon contracts hit the highest level in a month on Tuesday

Oil prices increased on Tuesday after Saudi Arabia declared it would reduce oil exports in November, while a huge amount of U.S. offshore output remained offline.

read more... 11/10/2017

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