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Daily (12.07.2021): CO2 prices traded 3.5% higher on Friday, on strong auction and bullish energy markets
Crude oil prices rebounded on Friday, supported by a weaker US dollar and the drop in US crude inventories. Despite the lack of an agreement between OPEC+ members, Brent oil gained 1.9% to settle at $75.55 a barrel. At the same time, WTI crude increased by 2.2% to $74.56 a barrel.
read more... 12/07/2021
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Brent crude oil stays above $75 amid impasse in OPEC+ talks
Oil prices were little changed in early Asian trade on Monday as an impasse in talks among key producers to raise output in coming months kept supplies tight, offsetting concerns about coronavirus' impact on the global economy.
read more... 12/07/2021
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Oil prices extend losses as OPEC uncertainty lingers
Oil prices fell for a third day on Thursday amid uncertainty over supply after the collapse this week of talks among major producers which could potentially cause the current output agreement to be abandoned.
read more... 09/07/2021
Daily (09.07.2021): Oil prices moved upwards on Thursday amid bigger than expected drop in U.S. inventories, OPEC impasse
Crude oil prices rebounded on Thursday amid much bigger drop than expected in U.S. crude and gasoline inventories, but uncertainty about global supplies continued to limit upside following a dispute between OPEC heavyweights over production plans. Hence, Brent crude rose by 69 cents, or 0.9%, to settle at $74.12 a barrel. U.S. WTI crude added 74 cents, or 1%, to close at $72.94 a barrel on the NYMEX.
read more... 09/07/2021
Daily (08.07.2021): Carbon EUAs lost 2.6% on Wednesday, pressured by sell-off and free allowance allocations
Oil prices fell on Wednesday, amid continued concerns over failed negotiations on crude production by OPEC+ members. As such, Brent oil ended 1.5% lower at $73.43 a barrel, and WTI crude dropped by 1.6% to $72.20 a barrel.
read more... 08/07/2021