Latest news
Daily (23.11.2021): European carbon prices climbed to a new record high on Monday despite gas declines
Crude oil prices rebounded to some extent on Monday but remained under pressure after Japan said it was considering releasing oil reserves and as the COVID-19 situation in Europe deteriorated, raising concerns about both oversupply and weak demand. The gains were attributed to new rumors that the OPEC countries, especially Saudi Arabia, are reconsidering the production agreement they reached a few weeks ago, if the US and China indeed release oil reserves
read more... 23/11/2021
Daily (19.11.2021): European carbon prices hit a fresh all-time high above 69 EUR/t on Thursday amid speculative buying
Oil prices increased slightly on Thursday, but the market was unable to reprise its recent highs as China seems ready to release some of its oil reserves, in apparent collaboration with the United States to fight back against OPEC output cuts. Hence, Brent crude settled 96 cents, or 1.2%, higher at $81.24 a barrel. U.S. WTI crude closed 65 cents, or 0.8%, higher at $79.01 a barrel.
read more... 19/11/2021
Daily (15.11.2021): Oil prices fell by nearly 1% on Friday, weighed by forecasts of lower demand and rumors of tapping into strategic reserves
Oil prices retreated on Friday, on rumors of potential withdrawals from US strategic reserves and OPEC data suggesting a slowdown in demand growth for the end of 2021. As a result, Brent oil lost 0.8% at $82.17 a barrel and WTI crude fell by 1% to $80.79 a barrel.
read more... 15/11/2021
Daily (09.11.2021): British gas prices continued to gain ground on Monday as relatively low flows from Russia erased hopes of supply increase
Crude oil prices continued to climb on Monday, primarily following the decision from OPEC to hold back on production despite calls for increased output. The passage of a $1 trillion U.S. infrastructure spending package and news that Saudi Arabia lifted prices for crude exports lent further support to crude prices.
read more... 09/11/2021
.jpg)
OPEC+ needs to be careful in policy to balance market amid Q1 demand softening: UAE
OPEC+ needs to be careful in implementing its policy because it needs to balance the market amid forecasts of softening demand in the first quarter of 2022, the UAE's energy minister said on Nov. 8.
read more... 08/11/2021