Latest news
Daily (17.07.2017): EU carbon prices increased by 1.1% on Friday
Oil prices edged higher in rough trading on Friday, boosted by a report from the IEA that demand growth is accelerating and that oil stocks had fallen. The IEA raised its demand estimate for the Q2, while it reduced its figure for non-OPEC supply. Consequently, the oil market showed a vast deficit last quarter. Both, Brent crude and WTI prices rose by 1% to close at $48.91 a barrel and $46.54 a barrel respectively.
read more... 17/07/2017
Daily (12.07.2017): Oil prices jumped by 1.4% on Tuesday
Oil prices rose almost 1.4% on Tuesday, extending gains from the previous day as the U.S. government cut its crude production outlook for next year and as fuel inventories plunged. At the same time, output from the OPEC remains high despite a pledge led by the producer group to cut supplies in order to tighten the market. Brent crude rose settled at $47.52 a barrel, while the WTI price increased by 1.44% to $45.05 a barrel.
read more... 12/07/2017
Daily (06.07.2017): Oil prices fell by around 4% on Wednesday
Oil prices fell on Wednesday, ending their longest bull run in more than five years, due to increasing OPEC exports and a stronger dollar. Brent crude slumped by almost 3.7% to end at $47.79 a barrel, while the WTI price edged 4.08% down to $45.13 a barrel.
read more... 06/07/2017
Daily (04.07.2017): British prompt gas prices rose by almost 6% on Monday
Oil prices increased on Monday, resuming its longest trend of daily gains in more than 5 years after data pointed to falling U.S. output. Even though some analysts consider that rising OPEC production could cap gains and reverse the tendency to bearish in the nearest future. Brent crude soared by almost 3.7% to end at $49.68 a barrel, while the WTI price jumped by 2.24% to settle at $47.07 a barrel.
read more... 04/07/2017
Repsol Sinopec launches gas output at North Sea Cayley field
Repsol Sinopec declared on Wednesday it had launched gas production from a new field in the North Sea in a boost to the developing basin just days after EnQuest brought a new oil field online.
read more... 29/06/2017