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Daily (27.04.2022): British gas price surged on Tuesday amid news that Russia will suspend gas flows to Poland
Crude oil prices rebounded on Tuesday a pledge of China’s central bank to boost liquidity in financial markets, which helped soothe concerns about the impact of a resurgent Covid-19 that had led to another lockdown. Hence, Brent crude increased by $2.67, or 2.6%, to settle at $104.99 a barrel. U.S. WTI crude soared by $3.16, or 3.2%, at $101.70.
read more... 27/04/2022
Daily (13.04.2022): Oil prices surged over 6% on Tuesday as Opec is cautious about replacing Russian supply
Crude oil prices rebounded sharply on Tuesday following Opec’s declaration that it would not boost output to levels good enough to replace Russian oil supply. Easing lockdown measures in Shanghai lent further support. Hence, Brent crude surged by 6.3% to settle at $104.64 a barrel. U.S. WTI crude settled 6.7% higher at $100.60 per barrel. Both contracts lost about 4% on Monday.
read more... 13/04/2022
Daily (05.04.2022): Oil prices increased sharply on Monday as Europe considers more sanctions in Russia
Oil prices rebounded sharply on Monday as the EU is considering further sanctions against Russia, potentially including energy imports, due to war crimes in Ukraine. Hence, Brent crude soared by $3.14, or 3%, to settle at $107.53 a barrel. U.S. WTI crude surged by $4.01, or 4%, to settle at $103.28 a barrel.
read more... 05/04/2022
Daily (09.03.2022): European carbon prices rebounded by over 17% on Tuesday as investors priced in a more emissions-intensive future
Oil prices extended gains on Tuesday, with Brent crude approaching $130 a barrel after the US said it would ban imports of Russian oil and gas – a move matched by a UK phase-out of Russian oil imports. Hence, Brent crude soared by 3.9% to settle at $127.98 a barrel. US WTI crude increased by 3.6% to end at $123.70 a barrel.
read more... 09/03/2022
Daily (28.12.2021): Oil prices climbed to their highest levels since November as Omicron concerns eased
Crude oil prices soared to their highest level since Nov. 26 on Monday, supported by hopes that the impact of the new Coronavirus mutant “Omicron” will be limited on global demand in 2022. Oil is heading for a yearly gain after a robust rebound from the pandemic, but the rally was curbed in recent weeks, in part due to concerns about Omicron. Hence, Brent crude rose by $2.46, or 3.2%, to settle at $78.60 a barrel. U.S. WTI crude increased by $1.78, or 2.4%, to settle at $75.57 a barrel.
read more... 28/12/2021