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Daily (15.07.2021): EUAs gained 1% on Wednesday after the publication of the ETS reform proposals
Crude oil prices ended lower on Wednesday, following reports of weaker demand and prospects of increased black gold supply from OPEC+ members. Losses, however, were limited by a further drop in US crude reserves. Brent oil fell by 2.3% to $74.76 a barrel and WTI oil declined by 2.8% to $73.13 a barrel.
read more... 15/07/2021
Daily (24.06.2021): The German day-ahead power price extended its 4-year high on forecasts for less wind generation
Crude oil prices advanced on Wednesday, as the EIA weekly report showed another drop in US crude reserves. Hence, Brent oil gained 0.5% to settle at $75.19 a barrel, while WTI crude edged 0.3% up at $73.08 a barrel.
read more... 24/06/2021
Daily (17.06.2021): Crude oil prices strengthened on Wednesday amid declining US crude reserves
Oil prices rose on Wednesday, supported by declining crude reserves in the United States, according to the EIA’s weekly report. However, a fluctuating US dollar due to inflation concerns had limited gains. As a result, Brent oil edged 0.5% higher at $74.39 a barrel, while WTI crude closed on par with Tuesday’s settlement, at $72.15 a barrel.
read more... 17/06/2021
Daily (10.06.2021): Carbon EUAs gained around 2.5% on Wednesday, lifted by strong auction results and bullish energy prices
Crude oil price growth was counterbalanced on Wednesday by a strong increase in US gasoline reserves and pessimistic views over demand. Consequently, Brent oil stagnated at $72.22 a barrel, while WTI crude edged 0.1% lower at $69.96 a barrel.
read more... 10/06/2021
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Russia Has Oil Reserves At Least Until 2080
Russia’s oil reserves will last until 2080 at the current pace of annual production, Natural Resources Minister Alexander Kozlov told Russian outlet RBC in an interview this week.
read more... 17/05/2021