Latest news
Daily (09.04.2021): NBP spot rebounded on Thursday amid cold weather and weaker supply
Crude oil prices closed on a mixed note on Thursday, as demand concerns driven by the rise in COVID-19 cases around the world and bigger-than-expected weekly increase in U.S. gasoline stocks pressured the market. Hence, Brent crude settled at $63.20 a barrel, while WTI crude lost 0.3% to end at $59.60 a barrel.
read more... 09/04/2021
Volkswagen, Iberdrola, Enel, BP to install EV recharging stations, battery plants in Europe
Volkswagen has set up a strategic alliance with Iberdrola to expand electrification in Spain, in addition to tie-ups with Italian utility Enel and U.K. energy group BP in Europe, as well as other partners such as Ionity and Aral.
read more... 17/03/2021
Daily (11.03.2021): NBP price for front-month delivery gained 5% on Wednesday due to cold weather forecasts
Crude oil prices edged higher on Wednesday, as the EIA’s weekly report showed continued disruptions in US oil production following February’s cold wave. Hence, Brent crude rose by 0.6% to $67.90 a barrel and WTI oil was 0.7% up at $64.44 a barrel.
read more... 11/03/2021
Texas Storm Shut In As Much As 4 Million Bpd Of U.S. Oil Production
The severe winter storm that swept through the United States this week likely shut in between 2 million barrels per day (bpd) and 4 million bpd of the total U.S. crude oil production, IHS Markit said in an analysis.
read more... 22/02/2021
Daily (16.02.2021): NBP gas for March21 delivery fell by 7% on Monday amid mild weather outlooks and high LNG supply
Crude oil prices extended gains on Monday, supported by renewed optimism over the outlook for global demand amid Covid-19 vaccine rollout. Hence, Brent crude rose by 1.4% to $63.30 a barrel and WTI oil ended 1.1% up at $60.14 a barrel.
read more... 16/02/2021