Latest news
Daily (22.06.2021): British near-term gas prices rallied at multi-year record highs on Monday amid outages in Norway, weak LNG send-outs
Crude oil futures soared on Monday amid inconclusive nuclear talks between world powers and Iran - which has elected a new hardline president - allaying prospects for a swift revival of the Islamic Republic’s crude exports. Hence, Brent crude increased by 1.9% to settle at $74.90 a barrel. Meanwhile, U.S. WTI crude surged by 2.8% to end at $73.66 a barrel.
read more... 22/06/2021
Daily (21.06.2021): CO2 prices gained 2% on Friday, tracking stronger energy markets
Crude oil prices increased on Friday, lifted by favorable outlooks for black gold demand. Despite a stronger US dollar and renewed Covid-19 concerns, Brent oil edged 0.6% higher at $73.51 a barrel, and WTI crude rose by 0.8% to $71.64 a barrel.
read more... 21/06/2021
Daily (18.06.2021): Oil prices took a breather from the long-lasting uptrend due to a strong Dollar and a hike in UK Covid cases
Crude oil prices retreated from their highest level in years on Thursday amid a strong U.S. Dollar after the U.S. Federal Reserve signaled it might raise interest rates as soon as 2023. The hike in new coronavirus cases in the UK put additional pressure on oil prices. Hence, Brent crude dropped by 1.8% to settle at $73.08 a barrel. Meanwhile, U.S. WTI crude fell by 1.5% to end at $71.04 a barrel.
read more... 18/06/2021
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 (16.06.2021): European carbon prices dropped by 2.8% on Tuesday amid larger-than-expected German EUA allocation
Crude oil prices continued their steady uptrend on Tuesday, with the market still focusing on the increasing hopes of a post-coronavirus demand recovery, and even though numbers are rising again in the UK, the overall optimism is still dominating. Hence, Brent crude rose by 1.6% to settle at $73.99 a barrel. Meanwhile, U.S. WTI crude increased by 1.8% to $72.12 a barrel.
read more... 16/06/2021