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Daily (09.04.2019): WTI crude at its 5-month high on Monday due to conflict in Libya

Crude oil prices increased on Monday, bolstered by concerns that civil unrest in Libya could lead to a tighter crude supply. OPEC’s production cuts as well as U.S. sanctions against Iran and Venezuela also supported prices. Brent crude price rose by 1.1% to $71.10 a barrel. Meanwhile, WTI futures hiked by 2.1% to $64.40 a barrel, after data showed a drop in the crude inventories at the WTI delivery point in Cushing, Oklahoma.

read more... 09/04/2019

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Daily (05.04.2019): European power prices on the curve climbed by over 3% on Thursday following bullish carbon market

Oil prices varied on Thursday. Brent crude edged 0.1% higher at $69.40 a barrel on tightening global supply due to U.S sanctions on Iran and Venezuela, as well as OPEC-led output cuts. Meanwhile, WTI futures declined by 0.6% to $62.10 a barrel on rising production and higher crude inventories.

read more... 05/04/2019

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Daily (04.04.2019): EU carbon prices soared by over 5% on Wednesday on positive Brexit progress

Oil prices slipped on Wednesday, on data showing an unexpected rise in U.S. inventories. Meanwhile, US sanctions against Iran and Venezuela and OPEC-led supply cuts limited losses. Brent crude edged 0.1% lower at $69.31 a barrel, while WTI futures traded 0.2% down at $62.46 a barrel.

read more... 04/04/2019

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Daily (02.04.2019): WTI futures traded 2.4% higher on Monday, due to a decline in oil rigs

Crude oil prices inched up on Monday supported by OPEC-led supply cuts and a decline in oil rigs to the lowest level in almost a year. Brent crude rose by 0.9% to $69.01 a barrel, while WTI futures traded 2.4% higher at $61.59 a barrel.

read more... 02/04/2019

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Daily (01.04.2019): British spot gas price declined by 4.9% on Friday, before the start of the summer season

Crude oil prices added gains on Friday, as the OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela offset concerns over the global economic slowdown. Brent oil rose by 0.8% to $68.39 a barrel, while WTI futures soared by 1.4% to $60.14 a barrel.

read more... 01/04/2019

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