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Daily (26.08.2021): Oil prices were bullish on Wednesday, supported by a significant drop in US crude reserves
Oil prices rose for a third session in a row on Wednesday, lifted by a higher-than-expected drop in crude reserves in the United States. As such, Brent oil increased by 1.7% to $72.25 a barrel and WTI crude gained 1.2% at $68.36 a barrel.
read more... 26/08/2021
Daily (19.08.2021): Oil prices lost more than 1% on Wednesday, following an increase in US gasoline stocks
Crude oil prices weakened on Wednesday, weighed by an increase in US weekly gasoline stocks, as indicated by the EIA. Despite a decline in US crude reserves, Brent oil fell by 1.2% to $68.23 a barrel and WTI crude ended 1.7% lower at $65.46 a barrel.
read more... 19/08/2021
Daily (05.08.2021): Carbon EUAs gained 2.3% on Wednesday, lifted by bullish auction results
Oil prices fell on Wednesday, weighed by concerns over demand as crude reserves rose unexpectedly in the US. Consequently, Brent oil price dropped by 2.8% to $70.38 a barrel and WTI crude plunged by 3.4% to $68.15 a barrel.
read more... 05/08/2021
Daily (29.07.2021): UK Gas prices on the forward curve hit record highs over 100p/th on Wednesday, tracking higher oil and carbon markets
Oil prices strengthened slightly on Wednesday, following a drop in US crude reserves. Gains, however, were limited by continued worries over the Covid pandemic. Brent oil edged 0.4% higher to $74.74 a barrel and WTI crude increased by 1% to $72.39 a barrel.
read more... 29/07/2021
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China to release more than 10 million tonnes of coal from reserves
China will release more than 10 million tonnes of coal from state reserves to ensure steady supply to the market, the state planner said in a statement on Thursday.
read more... 16/07/2021