Latest news

Daily (15.02.2017): German spot power prices up 10% on weak wind output

Crude oil prices rebounded on Tuesday, spurred by an OPEC-led effort to slash prices. However, this effort was undermined by rising production in the United States, which kept prices within the narrow range.

read more... 15/02/2017

news

Daily (13.02.2017): Oil up on OPEC landmark deal compliance

Crude oil prices closed the Friday’s session higher on evidence that OPEC members achieved more than 90 percent of output reductions under a landmark deal that took effect in January.

read more... 13/02/2017

news

Daily (08.02.2017): European spot electricity prices buoyed by cold spell

Crude oil prices decreased by more than 1 percent on Tuesday and continued to tumble after settlement, dragged down by a massive increase in U.S. crude inventories. The strong recovery in U.S. shale production would complicate efforts by OPEC and other producers to cut the supply glut.

read more... 08/02/2017

news

Daily (07.02.2017): Brent and WTI crude at lowest level since Jan. 31

Crude oil prices tumbled on Monday as robust U.S. supplies and excess speculative length offset OPEC output reductions and mounting tensions between the United States and Iran.

read more... 07/02/2017

news

Daily (30.01.2017): Crude oil prices lose ground on increasing U.S. drilling activity

Crude oil prices retired on Friday, prolonging losses after figures indicated drilling is increasing in the United States, triggering investor concern about how effective OPEC and other producers will be at supporting prices by reducing supplies.

read more... 30/01/2017

news