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Daily (23.04.2024): Energy complex turned bearish on Monday amid abated geopolitical tensions
On Monday, oil prices experienced a minor decrease due to diminishing concerns about a potential escalation between Iran and Israel following a quiet weekend with no significant updates. Brent crude stayed steady at $87 per barrel, whereas WTI crude dropped by over 1% to $81.9 per barrel
read more... 23/04/2024
Daily (22.04.2024): European carbon prices tumbled by around 4% on Friday, driven by bearish gas prices and a strong sell-off
Oil prices posted a slight increase on Friday ahead of an uncertain weekend following Israel's attack on Iran. Hence, Brent crude stood at $87.29 a barrel, down 0.2% day-on-day, while WTI crude fell by 0.5% to close at $83.14 a barrel.
read more... 22/04/2024
Daily (19.04.2024): Energy complex recovered on Thursday amid persisting geopolitical concerns
Brent crude declined for the fourth straight session on Thursday, influenced by stability in the Middle East and potential actions by the US government to stabilize oil prices. Brent crude closed at $87.11 per barrel, while WTI crude remained unchanged at $82.73 per barrel.
read more... 19/04/2024
Daily (18.04.2024): Oil prices tumbled by over 3% on Wednesday, weighed by rising US inventories and easing war fears
Oil prices tumbled on Wednesday, dragged down by signs of restraint from Israel in its response to the Iranian attack, as well as a further unexpected jump in US crude inventories. Consequently, Brent crude stood at $87.29 a barrel, while WTI crude reached $82.69 a barrel, with both contracts dropping by around 3% day-on-day.
read more... 18/04/2024
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Daily (17.04.2024): Carbon prices continued their rally, surpassing 73 EUR/tonne
Oil prices remained steady on Tuesday while traders awaited Israel's response to an Iranian attack on its territory over the weekend. Brent crude settled at $90.02 a barrel, while WTI crude stagnated at $85.36 a barrel.
read more... 17/04/2024