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Daily (01.03.2019): EU carbon prices topped €22 a tonne on Thursday, rising for the fifth consecutive day

Brent crude price reversed trend, turning bearish on Thursday, influenced by lower factory output reported by the two Asia’s biggest economies – China and Japan. The record level of U.S. crude stockpiles also weighed on prices. On top of that, the lack of a deal after the two-day summit between U.S. president Trump and North Korean leader Kim Jong Un left the financial markets under pressure. Brent crude edged 0.5% down at $66.03 a barrel. Nevertheless, OPEC-led supply cuts and last week’s decline in crude U.S. crude imports to a two-decade low supported WTI crude price, which inched 0.5% up at $57.22 a barrel.

read more... 01/03/2019

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RockRose Energy buys Marathon Oil UK assets in £107m deal

RockRose Energy has signed a share purchase agreement to buy Marathon Oil UK’s (MOUK) assets as part of a deal worth £107 million.

read more... 26/02/2019

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Daily (05.02.2019): EU carbon prices soared by almost 5% on Monday, ahead of an industry conference this week.

Oil prices saw a small drop on Monday influenced by the recent positive sentiment that China-U.S. relations will reach a comprehensive trade deal. However, losses were limited by OPEC supply cuts and U.S Sanctions on Venezuelan oil exports. As a result, Brent crude fell by 0.4% to 62.51 USD/bbl, while WTI crude dropped by 1.3% to settle at 54.56 USD/bbl.

read more... 05/02/2019

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Energean signs $900m gas deal with IPM

The Greek operator of Israel's offshore Karish and Tanin fields will supply the Beer Tuvia company with 5.5 BCM of gas over 19 years.

read more... 03/01/2019

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Daily (02.01.2018): The German spot power price in the negative territory on Monday due to strong wind generation

Oil prices rose at the year close, dragged by surging stock markets. The upward trend was fueled by the US President’s boasts on the advancing talks on the potential U.S.-China trade deal. As a result, Brent crude jumped by 3% to $53.80 a barrel. Gains were limited by continued worries about a supply glut, with WTI crude 0.2% up at $45.33 a barrel.

read more... 02/01/2019

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