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Daily (15.01.2018): UK day-ahead gas contract surged by 2.3% on Friday due to higher demand

Oil prices surged on Friday, remaining on track for a fourth consecutive week of gains, bolstered by a drawdown in U.S. inventories and a pullback in production, combined with steady demand and the extension of OPEC’s global supply cut deal.

read more... 15/01/2018


Daily (11.01.2018): European day-ahead power prices surged by around 16% on Wednesday due to colder weather forecasts

Crude oil prices touched new multi-year peaks on Wednesday as OPEC-led output reductions and increased demand helped to balance the market, but analysts warned of a potential overheating.

read more... 11/01/2018


Daily (10.01.2018): UK next-month gas contract traded 2.5% higher on concerns that gas production from Groningen field will be cut

Oil prices surged on Tuesday, buyout by OPEC-led output cuts and predictions that U.S. crude inventories have declined for an eighth week in a row.

read more... 10/01/2018


Daily (09.01.2018): EU carbon prices dropped by 1.5% on Monday

Oil prices were little changed on Monday, trading close to their highest levels since May 2015, as political worries in several OPEC countries counterbalanced forecast for higher U.S. oil output. Brent futures gained 16 cents, or 0.2 percent, to settle at $67.78 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude edged 29 cents, or 0.5 percent, higher at $61.73.

read more... 09/01/2018


Daily (05.01.2018): WTI crude rose 0.6% to the highest level in 3 years

Oil rose above $68 a barrel to its highest since December 2014 on Thursday after conflicts in Iran raised concerns about supply risks, with support also coming from OPEC-led production cuts and demand-boosting cold weather in the US. Brent crude ended 23 cents, or 0.3%, at $68.07 a barrel. Meanwhile, U.S. crude increased 4 cents to $61.67 and also touched its highest since May 2015.

read more... 05/01/2018