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Daily (12.07.2019): British forward gas prices rose by over 3% on Thursday due to a bullish energy complex and higher weekly oil prices

Daily (12.07.2019): British forward gas prices rose by over 3% on Thursday due to a bullish energy complex and higher weekly oil prices

read more... 12/07/2019

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Daily (11.07.2019): Oil prices soared by nearly 4.5% on Wednesday, ahead of the Gulf of Mexico storm and lower crude inventories

Oil prices soared on Wednesday, adding more than $2, after a greater than expected draw in U.S. crude oil inventories. The evacuation of several oil platforms in the Gulf of Mexico in advance of a tropic storm also supported prices. As a result, Brent crude hiked by 4.5% to $60.43 a barrel, while WTI futures closed 4.4% up at $67.01 a barrel.

read more... 11/07/2019

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Daily (10.07.2019): NBP spot declined by 3.7% on Tuesday, as a correction from the previous bullish session

Crude oil prices nudged up on Tuesday, due to OPEC+ supply cut extension and rising tensions in the Middle East. However, U.S.-China trade dispute limited the gains. As a result, Brent crude inched up by 0.1% to $64.16 a barrel, while WTI futures closed 0.3% higher at $57.83 a barrel.

read more... 10/07/2019

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Daily (09.07.2019): European spot power prices rose by over 20% on Monday, due to low wind supply and tight nuclear capacity

Crude oil prices steadied on Monday as Iran’s nuclear program offset worries about global oil demand growth. As a result, Brent crude dropped by 0.2% to $64.11 a barrel, while WTI futures added 0.3% to settle at $57.66 a barrel.

read more... 09/07/2019

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Daily (8.07.2019): NBP day-ahead jumped by 9.6% on Friday, due to outages at the Nyhamma gas plant

Oil prices reversed trend adding gains on Friday, bolstered by the rising tensions in Iran and a decision by OPEC and its allies to extend oil supply cuts until next year. Nevertheless, weak manufacturing data from around the globe limited oil gains. As a result, Brent crude climbed by 1.5% to $64.23 a barrel, while WTI futures inched up by 1.3% to $57.51 a barrel.

read more... 08/07/2019

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