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Daily (31.03.2017): Oil settles higher at $50.35 on expectations for OPEC agreement extension
Oil prices increased for a third day on Thursday to their peak in three weeks after Kuwait gave its backing for an extension of OPEC production reductions in an effort to limit global oversupply. Both Brent and U.S. crude hit their highest levels since March 9 on Thursday.
read more... 31/03/2017
Daily (30.03.2017): UK prompt gas prices rise about 3% amid lower imports from Norway
Crude oil prices boosted over 2 percent on Wednesday as U.S. crude stockpiles increased less than expected, supply disruptions were prolonged in Libya and the OPEC-led output cut deal is likely to be extended.
read more... 30/03/2017
Daily (29.03.2017): Oil rebounds about 2% on Libyan supply disruption
Crude oil prices advanced as much as 2% on Tuesday after a massive disruption to Libyan oil supplies and as officials hinted OPEC and other producing countries could extend an output reduction deal to the end of the year.
read more... 29/03/2017
Daily (28.03.2017): European forward electricity prices down about 2% tracking lower fuels
Crude oil prices ended lower on Monday, hit by another weekly rise in the U.S. oil rig number and uncertainty over whether OPEC will extend its output reductions into the second half of the year.
read more... 28/03/2017
Daily (24.03.2017): Oil stuck near four-month lows on record U.S. crude stocks
Crude oil prices tumbled on Thursday, locked near four-month lows amid investors’ concerns that OPEC-led supply cuts were not yet reducing record U.S. crude stockpiles.
read more... 24/03/2017