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
The UK's first sale of carbon allowances under its Emissions Trading System cleared at GBP43.99/mt ($62.26/mt) May 19, according to auction host ICE Futures Europe.
read more... 20/05/2021
The UK's first sale of carbon allowances under its Emissions Trading System cleared at GBP43.99/mt ($62.26/mt) May 19, according to auction host ICE Futures Europe.
read more... 20/05/2021
Oil prices increased on Wednesday, as crude inventories in the United States diminished slightly. Meanwhile, the tense situation at some American gas stations, after the shutdown of a major pipeline, lent additional support to prices. Hence, Brent oil was 1.1% up at $69.32 a barrel and WTI crude ended 1.2% higher at $66.08 a barrel.
read more... 13/05/2021
Oil prices retreated on Tuesday as a sharp increase in COVID-19 infections in India, Asia’s third-largest economy raised worries about demand recovery. Hence, Brent crude lost 0.7% to settle at $66.57 a barrel. Meanwhile, U.S. WTI crude declined by 1.1% to end at $62.67 a barrel amid a surprise API inventory build.
read more... 21/04/2021