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Daily (02.07.2018): WTI crude surged by 1% on Monday to hit a peak since November 2014
Oil prices climbed on Friday as U.S. sanctions against Iran at a time of escalating demand will most likely lead to a decline of crude volumes in the global market. Brent crude traded 2% higher to $79.44 a barrel. WTI crude hiked by 1% to hit its highest since November 2014 at $74.15 a barrel.
read more... 02/07/2018
Daily (29.06.2018): European carbon contracts traded 1.6% lower on Thursday after recent gains
Oil supply shortage and higher demand after latest U.S. sanctions contributed to increase in prices on Thursday. Moreover, the draw in U.S. crude stocks also led to the upward evolution in prices. Brent crude soared by 0.3% to $77.85 a barrel, while WTI crude settled around 1% higher at $73.45 a barrel.
read more... 29/06/2018
Daily (27.06.2018): WTI crude jumped by 3.6% on Tuesday as U.S. requested countries to stop buying Iranian crude
Oil prices have seen an upward evolution on Tuesday, as Washington demanded allies to reduce imports of Iranian crude, which would put pressure on global supplies. Brent crude hiked by 2.1% to $76.31 a barrel. Prices have been also supported by uncertainty over Libyan exports. WTI crude jumped by 3.6% to 70.53 a barrel.
read more... 27/06/2018
Daily (26.06.2018): German spot power price rose by more than 100% on Monday, due to high demand and low wind generation
After OPEC’s resolution to raise output by one million barrels per day, oil prices dropped on Monday. Brent crude edged 1.1% lower at $74.73 a barrel. Simultaneously, WTI crude was less bearish, settling 0.7% down at $68.08 a barrel, due to a temporary decline in U.S. drilling activity and a Canadian supply outage.
read more... 26/06/2018
Daily (19.06.2018): French spot power contract gained 26% on Monday, due to higher air conditioner demand
A looming trade dispute between U.S. and China buoyed oil prices on Monday. Furthermore, Brent crude jumped by 2.6% to $75.34 a barrel, ahead of the OPEC meeting this week aimed at raising global crude supply. WTI crude hiked by 1.2% to $65.85 a barrel.
read more... 19/06/2018