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Daily (11.02.2020): Oil prices at their lowest levels in 13 months on Monday as OPEC hesitates to cut more output

Oil futures collapsed to their lowest levels in more than a year on Monday amid signs that OPEC and its allies are unlikely to convoke an emergency meeting to cut additional production of black gold.

read more... 11/02/2020

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Daily (10.02.2020): European spot power prices plummeted on Friday on strong wind output, weaker demand

Crude oil prices ended on a sour note on Friday, posting a fifth consecutive week of losses, after Moscow declared it needed more time mulling over deeper production cuts proposed by OPEC to deal with a sluggish energy demand.

read more... 10/02/2020

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Daily (07.02.2020): An oversupplied system and lower LNG prices weighed on UK’s gas market on Thursday

Oil prices varied on Thursday on mixed signals from OPEC and its partner Russia about potential further output cuts to reduce the impact of any weakening in global demand due to the coronavirus outbreak.

read more... 07/02/2020

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Daily (06.02.2020): Oil prices recovered on Wednesday after a five-day losing streak due to a possible cure for coronavirus

Crude oil prices rebounded on Wednesday, ending a five-day losing streak, as hopes for a possible cure for the new coronavirus out of China boosted the sentiment. Reports that OPEC + envisage deeper oil supply cuts also lifted prices.

read more... 06/02/2020

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Daily (05.02.2020): Forward gas and power prices recovered on Tuesday after several days of losses

Crude oil prices tumbled on Tuesday, remaining in a bear market, weighed by the coronavirus impact on Chinese and global demand for black gold, despite OPEC+ measures to calm the oil market.

read more... 05/02/2020

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