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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 (11.12.2017): EU carbon prices slumped by around 3% to their lowest level in five weeks on Friday
Oil prices surged by almost 2 percent on Friday, buyout by increasing Chinese crude demand and threats of a strike in Africa's biggest oil exporter. Brent crude closed $1.20, or 1.9 percent, up at $63.40 a barrel. Meanwhile, WTI crude prices rose 1.2% to settle at $57.36 a barrel.
read more... 11/12/2017
Daily (08.12.2017): EU carbon prices settled 1.1% higher on Thursday after a week of declines
Oil prices recovered on Thursday after a data report showed a drop in U.S. crude inventories. Brent crude futures settled at $61.20 a barrel, up 98 cents, or 1.6 percent. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures closed at $56.51 a barrel, up 55 cents, or 1 percent up from their last settlement.
read more... 08/12/2017
EU power producers promise to become carbon free well before 2050
The industry association Eurelectric, under new leadership since last year, promised to make European electricity production carbon neutral well before 2050.
read more... 07/12/2017
Daily (06.12.2017): EU carbon prices fell 1.6% on weaker auction on Tuesday
Oil prices rose on Tuesday, buyout by strong demand, expectations of a decline in U.S. crude inventories and an OPEC-led agreement to extend oil production cuts. Brent crude futures ended 41 cents, or 0.7 percent, up at $62.86 a barrel, while U.S. West Texas Intermediate crude increased by 15 cents, or 0.3 percent, to $57.62 a barrel.
read more... 06/12/2017