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Daily (07.12.2017): WTI crude futures dipped by 2.9% on higher U.S. inventories of refined products
Oil prices slumped on Wednesday after an unexpected increase in U.S. inventories of refined products that suggested demand might be weakening. Brent crude futures were down $1.64, or 2.6%, at $61.22 a barrel, after reaching a session peak of $62.93. Meanwhile U.S. crude futures dropped $1.66, or 2.9%, to close at $55.96.
read more... 07/12/2017
Daily (06.12.2017): EU carbon prices fell 1.6% on weaker auction on Tuesday
Oil prices rose on Tuesday, buyout by strong demand, expectations of a decline in U.S. crude inventories and an OPEC-led agreement to extend oil production cuts. Brent crude futures ended 41 cents, or 0.7 percent, up at $62.86 a barrel, while U.S. West Texas Intermediate crude increased by 15 cents, or 0.3 percent, to $57.62 a barrel.
read more... 06/12/2017
Daily (05.12.2017): French spot power contract up by 43.2% on Monday, due to higher demand
Oil prices dropped on Monday after U.S. shale drillers added last week more rigs, but prices remained close to their highest since mid-2015, buyout by an extension to output reductions agreed last week by OPEC and other producers. February Brent crude futures were down $1.28 at $63.11 a barrel. Meanwhile U.S. West Texas Intermediate traded 89 cents, or 1.5%, lower at $57.47.
read more... 05/12/2017
Daily (29.11.2017): German spot power prices jumped by 91% on Tuesday due to forecasts for lower wind production and increased demand
Oil prices edged lower on Tuesday on predictions of higher output, although global markets were slightly better buyout by expectations an OPEC-led supply reduction would be prolonged. Brent crude futures settled 23 cents, or 0.4 percent, down at $63.61 a barrel. U.S. West Texas Intermediate (WTI) crude futures were at $57.99 a barrel, down 12 cents, or 0.2 percent, from their last settlement.
read more... 29/11/2017
The boost of low-cost renewables changes EU energy expectations for 2030
The accelerated fall in wind and solar energy costs, and flexible demand technology could substitute more than 50% of coal and gas generated electricity in Europe by 2030, as indicated in a recent research published on Tuesday.
read more... 21/11/2017