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Daily (05.12.2017): French spot power contract up by 43.2% on Monday, due to higher demand
Oil prices dropped on Monday after U.S. shale drillers added last week more rigs, but prices remained close to their highest since mid-2015, buyout by an extension to output reductions agreed last week by OPEC and other producers. February Brent crude futures were down $1.28 at $63.11 a barrel. Meanwhile U.S. West Texas Intermediate traded 89 cents, or 1.5%, lower at $57.47.
read more... 05/12/2017
Daily (01.12.2017): Oil prices rose on Thursday following OPEC decision to extend output cuts
Oil prices rose slightly on Friday after OPEC and other major producers decided to extend output reductions in a widely expected move aimed at ending a persistent glut in global supplies.
read more... 01/12/2017
Daily (30.11.2017): EU carbon prices rose 1.4% supported by a bullish UK auction
Oil prices fell on Wednesday, pressured by ambiguity over the outcome of an OPEC meeting at which an extension to its price-supporting oil production reductions will be discussed. Brent crude oil declined by 50 cents, or 0.8 percent, to $63.11 a barrel. U.S. crude was 69 cents, or 0.5 percent, lower at $57.30.
read more... 30/11/2017
Daily (29.11.2017): German spot power prices jumped by 91% on Tuesday due to forecasts for lower wind production and increased demand
Oil prices edged lower on Tuesday on predictions of higher output, although global markets were slightly better buyout by expectations an OPEC-led supply reduction would be prolonged. Brent crude futures settled 23 cents, or 0.4 percent, down at $63.61 a barrel. U.S. West Texas Intermediate (WTI) crude futures were at $57.99 a barrel, down 12 cents, or 0.2 percent, from their last settlement.
read more... 29/11/2017
Daily (28.11.2017): WTI crude futures settled 1.4% down on Monday due to forecasts for higher U.S. production
Oil prices fell on Monday, decreasing from two-year peaks on the prospect of higher U.S. production, although global markets were slightly better buyout by predictions that an OPEC-led supply cut would be extended. Brent crude futures were almost unchanged from their last close, settling at $63.84 a barrel. U.S. West Texas Intermediate (WTI) crude futures were at $58.11 a barrel, down 84 cents, or 1.4 percent, from their last settlement.
read more... 28/11/2017