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Daily (28.09.2022): Natural gas prices soared on Tuesday due to leaks on the Nordstream pipeline and supply concerns
Oil prices increased on Tuesday, as Opec and its partners Opec+ may cut production to stabilize the market. Consequently, Brent crude soared by 2.6% to $86.27 a barrel, and WTI oil raised by 2.3% to $78.50 a barrel.
read more... 28/09/2022
Daily (20.09.2022): German and French spot power prices rocketed on Monday
Crude oil prices increased marginally on Monday as a strong U.S. dollar and possible hikes to interest rates along with signs of tight supply offset worries about global economic slowdown. As such, Brent and WTI crude rose by 0.7%, to settle at $92.00 and $85.73 a barrel respectively.
read more... 20/09/2022
Daily (13.09.2022): Carbon prices rebounded sharply on Monday as the market reacted to an unexpectedly strong auction result
Crude oil prices rebounded on Monday amid growing supply worries as winter approaches. However, the overall global economic concerns about a recession continue to limit the uptrend. Brent crude futures increased by $1.16, or 1.3%, to settle at $94.00 a barrel. U.S. WTI crude rose by 99 cents, or 1.1%, to close at $87.78 a barrel.
read more... 13/09/2022
Daily (12.09.2022): EUAs fell to a new six-month low on Friday
Oil prices increased by nearly 4% on Friday due to supply reductions. As such, Brent crude settled at $92.84 a barrel. WTI crude closed at $86.79.
read more... 12/09/2022
UK cuts energy price cap, targets more oil, gas
The UK government will fix the energy retail price cap at £2,500/yr ($2,870/yr) for a 'typical' home for two years and will seek to accelerate domestic supply by launching a new North Sea oil and gas licensing round and lifting a moratorium on hydraulic fracturing (fracking), prime minister Liz Truss said today.
read more... 09/09/2022