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What are Non Commodity Costs and How They Affect Your Business
Compared to previous years, we can see that the wholesale electricity market in the UK is low. More specifically, average wholesale electricity prices for the past 5 years have fallen more than 14%, with the strongest downturn from 2013 to the end of 2016, when prices declined more than 23%.
read more... 22/03/2017
Daily (21.03.2017): European spot power prices skyrocket over 50% on stronger demand, tight supply
Crude oil prices lost ground on Monday despite news that OPEC was supportive of extending a six-month deal to cut output as investors continue to be worried about increasing U.S. oil output and high inventories.
read more... 21/03/2017
Gazprom’s clients to be able to renegotiate natural gas prices
Gazprom has promised to allow its clients to renegotiate gas prices if they do not correspond to the Western Europe market average rates. The statement was made by Ricardo Cardoso in an interview for the Bulgarian National Radio.
read more... 20/03/2017
Daily (20.03.2017): European year-ahead power prices diverge on lower carbon, stronger coal prices
Crude oil prices were mainly flat on Friday, posting minor gains for the week, but speculators considerably cut long positions on worries that an OPEC production reduction was failing to slash a global supply glut.
read more... 20/03/2017
Daily (17.03.2017): German spot power down 17% on anticipated increase in wind power
Crude oil prices retreated on Thursday despite a support from weaker dollar, being pressured by U.S. crude stockpiles near record high levels, intensifying concerns if OPEC-led output cuts will be able to reduce a global glut.
read more... 17/03/2017