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Daily (23.05.2018): European carbon prices soared by 2.4% on Tuesday to hit new seven-year peaks

Oil prices were mixed on Tuesday. Brent futures rose close to $80 a barrel level on Tuesday, adding $0.35, or 0.4%, on concerns that decreasing Venezuelan crude output and a potential decline in Iranian exports could further reduce global supply. Brent crude settled at $79.57 a barrel. WTI futures slightly fell due to expectations that OPEC may raise supplies as early as June, to settle at $72.20 a barrel.

read more... 23/05/2018

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Daily (15.05.2018): Brent crude jumped by 1.4% on Monday, global oil oversupply almost eliminated

Oil prices soared on Monday after OPEC declared that the global oil oversupply has been virtually eliminated. Brent crude gained $1.11, or 1.4%, to end at $78.23 a barrel. WTI futures rose $0.26, or 0.4%, to close at $70.96 a barrel.

read more... 15/05/2018

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Daily (10.05.2018): European year-ahead power prices surged to new peaks on Wednesday due to bullish energy complex

Oil prices jumped to new 3½-year highs on Wednesday following U.S. President Trump’s decision to abandon the nuclear deal with Iran and the announcement of stricter sanctions against the OPEC member. Brent crude added $2.36, or 3.2%, to end at $77.21 a barrel. WTI futures traded 3% higher at $71.14 a barrel.

read more... 10/05/2018

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Daily (04.05.2018): French spot power contract down 8.9% on Thursday due to higher wind and solar generation

OPEC output cuts and the potential for new U.S. sanctions on Iran bolstered oil prices on Thursday. Brent crude gained 26 cents, or 0.4%, to close at $73.62 a barrel. WTI futures added $0.5, or 0.7%, to end at $68.43 a barrel.

read more... 04/05/2018

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Daily (24.04.2018): German spot power contract traded 14.4% higher on Monday due to reduced wind generation

Oil prices soared on Monday to reach new 3.5-year peaks, after Iran tempered hopes that OPEC would extend its production cut agreement and on worries that U.S. sanctions could limit Iran's output. Brent crude added $0.65, or 0.9%, to $74.71 a barrel. WTI futures edged 0.4% higher at $68.64 a barrel.

read more... 24/04/2018

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