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Daily (04.01.2020): Colder weather lent support to most of the energy prices ahead of New Year holidays
Oil prices increased slightly on Thursday, following the drop in US crude reserves. As a result, Brent crude ended 0.9% up at $51.80 a barrel. At the same time, WTI oil edged 0.3% higher at $48.52 a barrel.
read more... 04/01/2021
Daily (31.12.2020): A drop in crude reserves in the US lent support to oil prices on Wednesday
According to the U.S. Energy Information Agency (EIA) report released on Wednesday, crude reserves in the United States fell for the third week in a row, thus lending support to oil prices. As a result, Brent crude gained 0.5% to $51.34 a barrel, while WTI oil traded 0.8% higher at $48.40 a barrel.
read more... 31/12/2020
Italy's Edison sells Norway upstream assets to focus on energy transition
The deal, which includes a portfolio of five exploration licences and reserves of 25.9 million barrels of oil equivalent, is expected to close before the end of June
read more... 31/12/2020
Daily (24.12.2020): Carbon EUAs increased by 2.4% on Wednesday amid hopes for a Brexit conclusion before Christmas
Crude oil prices gained ground on Wednesday, supported by an unexpected drop in US crude and petroleum reserves. Despite limited gains due to the new strain of coronavirus, Brent oil ended 2.2% up at $51.20 a barrel, while WTI crude traded 2.3% higher at $48.12 a barrel.
read more... 24/12/2020
Daily (05.11.2020): A 4% increase in crude oil prices on Wednesday caused by a drop in US oil inventories
Crude prices rose on Wednesday, supported by the weekly report on oil reserves in the United States, which showed a decline in oil inventories. Consequently, Brent crude for January delivery traded 3.8% higher at $41.23 a barrel, while WTI crude jumped by 4% to close at $39.15 a barrel.
read more... 05/11/2020