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Daily (27.05.2020): Energy prices recovered on Tuesday on strong optimism for a recovery in demand
Oil prices continued the bullish evolution due to a possible extension of current oil production cuts beyond June after OPEC+ countries will meet at the beginning of next month.
read more... 27/05/2020
Uniper signs contract for planned German LNG terminal
German power producer Uniper has signed a contract to build and charter an LNG terminal vessel for a planned project in Wilhelmshaven with Japanese partner Mitsui OSK Lines (MOL), it said on Tuesday.
read more... 27/05/2020
Yamal-Europe pipeline gas flows dive
Deliveries along the Yamal-Europe pipeline dropped sharply on 24-25 May and were nominated even lower today, likely driven by weaker European demand for Russian gas.
read more... 27/05/2020
UK’s power system emissions hit all-time low and wholesale power prices go negative
The two records were set over the weekend as renewable energy generation soared, coinciding with continued low demand due to the ongoing coronavirus lockdown.
read more... 27/05/2020
Daily (26.06.2020): German forward prices increased by over 2% on Monday tracking stronger carbon prices
Oil markets were relatively quiet with no significant movements on Monday due to Memorial Day in US and Spring Bank Holiday in the UK. However, o firmer demand and output cuts lent support to prices.
read more... 26/05/2020