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Daily (19.06.2017): British prompt gas prices unexpectedly rose by around 19% on Friday
Oil prices edged up on Friday but the market is still bullish. Rising U.S. oil output has undermined the impact of OPEC-led cuts. Data from the U.S. EIA showed growing gasoline stocks and low demand, despite the peak summer driving season.
read more... 19/06/2017
Daily (16.06.2017): UK wholesale gas prices lost another 11% on Thursday to 8-month low
Oil prices continued to decline on Thursday as global inventories are high and on worries about OPEC's ability to implement agreed output cuts.
read more... 16/06/2017
Daily (15.06.2017): Oil prices dropped by more than 3.5% on Wednesday
Oil fell again on Wednesday, on negative assessments from the IEA and OPEC regarding the health of the oil market. The IEA mentioned that inventory overhang might last longer than expected, while OPEC admitted in the monthly report that the oil market was adjusting “slower-than-expected”.
read more... 15/06/2017
Daily (14.06.2017): EU carbon prices rose above €5 in a calm session on Tuesday
Oil prices slightly rose on Tuesday, after Saudi Arabia vowed to make real supply cuts and OPEC reported an increase in its output and as traders anticipate a drawdown in U.S. crude inventories.
read more... 14/06/2017
Daily (13.06.2017): British prompt gas prices dropped significantly on Monday, by almost 6%
Oil slightly increased on Monday, mainly due to speculative traders, forecasts of lower U.S. inventories and news that Saudi Arabia will lower volumes of crude to some Asian buyers in July while deepening cuts to the United States.
read more... 13/06/2017