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Daily (24.05.2022): European carbon prices extended losses to 5-week low on Monday amid weak auctions, uncertainty over reform

Oil prices settled marginally higher on Monday as fears of a future recession competed with the prospect of stronger fuel demand due to the forthcoming summer driving season in the United States and Shanghai's preparations to reopen after a two-month coronavirus quarantine. Hence, Brent crude rose by 87 cents, or 0.7%, to $113.42 a barrel. U.S. WTI crude steadied at $110.29 per barrel.

read more... 24/05/2022

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(Daily 23.05.2022): EUA prices fell to their lowest level in a month on Friday in the wake of the EU decision to release more allowances

Oil prices increased modestly on Friday due to strong demand and increased supply concerns, as Europe continues to restrict Russian oil. As a result, Brent crude gained 0.5% to end at $112.55 a barrel.

read more... 23/05/2022

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(Daily 20.05.2022): EUA prices falling to their lowest level since April 28

Oil prices rebounded on Thursday after two days of losses, back by dollar weakness and expectations that China could ease export curbs, boosting demand. As a result, Brent crude rose by 2.7% to $112.04 per barrel.

read more... 20/05/2022

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(Daily 13.05.2022): Gas prices have risen on supply concerns after a drop in Russian gas volumes

The Brent crude oil price stayed unchanged at $107.45 per barrel, as consistent Russian oil exports counterbalanced weaker Chinese demand.

read more... 13/05/2022

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Daily (10.05.2022): Oil prices slumped by about 6% on Monday amid flagging demand due to Covid lockdown in China

Oil prices dropped sharply on Monday as the ongoing coronavirus lockdowns in China increased concerns about the demand outlook. Hence, Brent crude fell by $6.45, or 5.7%, to settle at $105.94 a barrel. U.S. WTI crude slumped by $6.68, or 6.1%, to settle at $103.09 a barrel.

read more... 10/05/2022

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