Latest news
Daily (30.03.2018): NBP spot gas price surged by 5 % due to an undersupplied system
Oil prices climbed by around 1% on Thursday buyout by bullish equities markets and due to strong compliance on supply reductions from members of The Organization of the Petroleum Exporting Countries (OPEC) and partners like Russia.
read more... 30/03/2018
Daily (26.03.2018): German spot electricity price tumbled by 21.7% on Friday due to higher wind generation
Oil crude prices jumped on Friday, hitting their peak since late January after the Saudi energy minister declared OPEC and allied producers would manage supply cuts into 2019, and because of increased worries about the future of Iranian crude exports.
read more... 26/03/2018
Daily (23.03.2018): UK day-ahead gas price fell by almost 5% due to milder weather forecasts
Oil prices fell on Thursday because investors booked profits after this week's rally, but ongoing efforts of OPEC and its partners to cut supplies limited losses. Brent crude dropped by 0.8 percent, to close at $68.91 a barrel. WTI futures declined by 1.3% to end at $64.30 a barrel.
read more... 23/03/2018
Daily (06.03.2018): German prompt power prices surged by almost 45% on Monday due to lower wind power supply
Oil prices soared on Monday, supported by forecasts for robust oil demand growth and concerns that output from OPEC producers would rise at a much slower pace in the future.
read more... 06/03/2018
Nigeria is now the biggest petrol importer globally
Nigeria is the single member country in the Organisation of Petroleum Exporting Countries, OPEC, that imports petroleum, mentioned by the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, at the 2018 Oloibiri Lecture Series (OLEF) in Abuja.
read more... 02/03/2018