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Trafigura signals LNG business expansion in Pakistan
An LNG import terminal is likely to be opened by the commodities trader Trafigura in Pakistan to satisfy the higher demand for gas in the emerging economies.
read more... 13/09/2017
Daily (13.09.2017): German spot electricity prices down by over 53%, on forecasts of strong wind power supplies
Oil prices increased on Tuesday after OPEC declared it predicted higher demand for its crude next year.
read more... 13/09/2017
Daily (11.09.2017): European carbon prices hit a 19-month peak on Friday
Oil prices dropped on Friday, on fears that energy demand would be affected hard as Hurricane Irma, one of the most powerful storms in a century, headed toward Florida and the Southeast.�
read more... 11/09/2017
Daily (06.09.2017): EU carbon prices jumped almost 10% to their peak of 2017
U.S. oil prices rose on Tuesday and gasoline declined as the gradual relaunch of refineries in the Gulf of Mexico that were closed by Hurricane Harvey increased demand for crude and reduced worries of a fuel supply crunch.
read more... 06/09/2017
Daily (04.09.2017): European carbon prices dropped by 1.8% on Friday, registering a 4.2% weekly loss
Oil prices rose on Friday, supported by a decline in the U.S. crude oil stocks last week, as refineries raised output with the approach of Harvey. Natural disasters are generally negative over the medium-term due to demand destruction, but in the short term the market reacts to the shortage of supply. Brent crude edged 0.7% up to settle at $52.75, while the WTI price grew by 0.13% at $47.29 a barrel.
read more... 04/09/2017