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Daily (17.04.2019): NBP spot price plummeted by 5.2% on Tuesday, due to strong LNG arrivals
Oil prices added ground on Tuesday, bolstered by declining Venezuelan and Iranian exports and violence in Libya, which raised concerns over global crude supply. Meanwhile, expectations for higher U.S. inventories limited gains. Brent crude rose by 0.8% to $71.72 a barrel, while WTI Crude increased by 1% to $64.05 a barrel.
read more... 17/04/2019
Daily (15.04.2019): Brent crude climbed by 1% on upbeat Chinese economic data and tight global supply
Oil prices added gains on Friday following a recovery in Chinese exports last month. The rising U.S. and euro zone bond yields to three-week highs and German growth forecasts also supported prices. Furthermore, involuntary cuts in Venezuela supply and Iran signaled another lift in prices. Brent crude hiked by 1% to $71.55 a barrel , while WTI futures rose by 0.5% to $63.89 a barrel.
read more... 15/04/2019
Total, partners reach initial agreement on $13 billion Papua LNG project
France’s Total and its partners signed a long-awaited deal with Papua New Guinea on Tuesday that will allow initial work to start on a $13 billion plan to double the country’s liquefied natural gas exports.
read more... 11/04/2019
Commissioning starts at first Belarus unit
Unit 1 of the first nuclear power plant to be built in Belarus has started the commissioning phase, AtomStroyExport (ASE), the engineering subsidiary of Russian state nuclear corporation Rosatom, has announced.
read more... 09/04/2019
Daily (29.03.2019): EU Carbon Prices Up by Nearly 2% on Thursday
Oil prices ended close to an equilibrium on Thursday after initially dropping in the wake of a new call from US President Donald Trump for an increase in OPEC’s production in order to bring rising prices down. Brent crude was almost steady at $67.82 a barrel, while WTI futures slipped by 0.2 % to $59.30 a barrel, as losses were capped by constant support from OPEC-led supply cuts and U.S. sanctions on Venezuelan and Iranian exports.
read more... 29/03/2019