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Daily (05.05.2017): Oil prices slumped to five-month lows on Thursday

Oil prices dropped for the fourth consecutive day on Thursday, hitting their lowest level since November 2016, after data showed a less than expected decline in U.S. inventories and as OPEC and other producers would probably disapprove more supply cuts to reduce the world's persistent glut of crude.

read more... 05/05/2017

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Daily (04.05.2017): Oil prices rose as US stockpiles fell less than expected

Oil prices slightly rose on Wednesday as EIA announced that weekly crude stocks reduced less than half of the forecasted value.

read more... 04/05/2017

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Daily (03.05.2017): Oil and EU carbon prices at the lowest 2017 levels

Oil prices slightly fell on Tuesday on reports of rising oil production in the US, Canada, and Libya as well as weaker compliance of OPEC members with the deal to cut production during the first half of this year.

read more... 03/05/2017

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Daily (28.04.2017): Brent oil at 10% below April peak

Oil prices prolonged their downward tendency on Thursday due to overabundant markets globally, though prices seemed to have found backing around current levels, according to traders.

read more... 28/04/2017

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Daily (27.04.2017): The German electricity spot price 8% down

Oil prices continued their sliding trend on Wednesday as data showed a growth in U.S. crude inventories, while record oil supplies in the rest of the world put doubt on OPEC's ability to reduce supplies and tighten the market.

read more... 27/04/2017

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