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Daily (20.07.2017): EU carbon prices decreased by 1.5% on Wednesday

Oil soared on Wednesday, supported by strong demand for gasoline in the US and a major decline in the stocks, according to the API. Brent crude jumped by 1.76% to close at $49.70 a barrel, while WTI price rose by 1.55% to end at $47.12 a barrel.

read more... 20/07/2017

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Daily (17.07.2017): EU carbon prices increased by 1.1% on Friday

Oil prices edged higher in rough trading on Friday, boosted by a report from the IEA that demand growth is accelerating and that oil stocks had fallen. The IEA raised its demand estimate for the Q2, while it reduced its figure for non-OPEC supply. Consequently, the oil market showed a vast deficit last quarter. Both, Brent crude and WTI prices rose by 1% to close at $48.91 a barrel and $46.54 a barrel respectively.

read more... 17/07/2017

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Daily (13.07.2017): EU carbon prices by rose 2.7% on Wednesday

Oil jumped again on Wednesday supported by declining U.S. fuel inventories and a cut in the U.S. government's forecast for crude output. The drop in U.S. crude stocks confirmed that the market rebalancing is under way. Brent crude rose by 0.46% settling at $47.74 a barrel, while the WTI price increased by 1% to $45.49 a barrel.

read more... 13/07/2017

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Coal mining companies struggle to deal with carbon emissions

The new report from the Transition Pathway Initiative (TPI) concluded that many coal mining companies find themselves having a hard time keeping their businesses up to par due to climate change and rising levels of carbon emissions.

read more... 13/07/2017

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Daily (10.07.2017): EU carbon prices hit a new 4-month high on Friday

Oil prices ended sharply lower on Friday, toward their lowest finish in nearly two weeks, as a number of active U.S. oil rigs climbed higher, according to data from Baker Hughes released Friday. in U.S. That was combined with the weekly rise in total U.S. crude production reported by U.S. Energy Department Administration on Thursday. Brent crude fell by almost 3% to end at $46.71 a barrel, while the WTI price decreased by 2.83% to $44.23 a barrel.

read more... 10/07/2017

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