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Daily (18.12.2017): The German day-ahead power contract traded 19% down on Friday due to higher wind forecasts
Oil prices were mixed on Friday, lingering below two-year peaks on Friday as the ongoing outage of a North Sea pipeline and OPEC-led output cuts supported prices, while increasing U.S. production kept a lid on gains. Brent crude futures were down 8 cents at $63.23 a barrel. U.S. West Texas Intermediate (WTI) crude futures surged by 26 cents, or 0.5% to $57.30 a barrel.
read more... 18/12/2017
Daily (15.12.2017): EU carbon contracts recovered slightly from two-month lows on Thursday
Oil prices surged on Thursday as a pipeline outage in Britain continued to support prices despite forecasts showing global crude surplus in the beginning of next year. Brent crude futures ended 1.4% higher at $63.31 a barrel. Meanwhile, U.S. West Texas Intermediate futures settled 44 cents, or 0.8 percent, to $57.04 a barrel.
read more... 15/12/2017
Daily (25.10.2017): Prompt British gas prices surged on Tuesday, due to an unscheduled outage
Daily (25.10.2017): Prompt British gas prices surged on Tuesday, due to an unscheduled outage
read more... 25/10/2017
Norway: Statoil and partners intend to expand production capacity at Troll gas field
Norway's Statoil and partners are trying to raise the production capacity of Troll, the country's biggest gas field, a move considers by traders as a possibility to enable the firms to create more flexibly and cover production shortages at other fields because of outages.
read more... 27/09/2017
Daily (14.08.2017): British wholesale gas prices rose on Friday due to an unplanned outage
Oil prices increased on Friday, following the IEA’s report which stated that crude oil stockpiles were now below 2016 levels. The agency also raised its 2017 demand growth forecast in its previous monthly report and declared it expected demand to be further expanded next year. Despite the strong demand, markets remain well-supplied thanks to strong output. Brent rose by almost 0.4% to close at $52.10 a barrel, while WTI price rose by around 0.5% to end at $48.82 a barrel.
read more... 14/08/2017