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Daily (18.05.2021): European carbon prices retreated on Monday, but still hover above 56 EUR/tonne
Crude oil saw an upwards adjustment on Monday despite worsening coronavirus situation in Asia, with the market still hoping of a demand recovery. Hence, Brent crude increased by 1.1% to settle at $69.46 a barrel. U.S. WTI crude ended at $ 66.27 a barrel, notching a 1.4% gain day-on-day.
read more... 18/05/2021
Daily (17.05.2021): Oil prices increased by over 2% on Friday, on optimism over strong demand recovery in the US
Crude oil prices rebounded on Friday, lifted by prospects of strong demand recovery the United States and a weaker dollar. Brent oil rose by 2.5% to $68.71 a barrel and WTI crude was 2.4% up at $65.37 a barrel.
read more... 17/05/2021
Daily (14.05.2021): Carbon prices retreated by 1.5% on Thursday amid profit-taking as well as weak gas prices
Oil prices slumped on Thursday, retreating from 2-month highs amid deepening India’s coronavirus crisis and the resumption of a key U.S. fuel pipeline. Hence, Brent crude dropped by 3.3% to settle at $67.05 a barrel. Meanwhile, U.S. WTI crude shed by 3.4% to $63.82 a barrel.
read more... 14/05/2021
Daily (13.05.2021): Carbon EUAs climbed by more than 4% on Wednesday, on strong auction results and investor interest
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
Daily (12.05.2021): European commodity market saw a bullish sentiment on Tuesday, with power and carbon prices at all-time highs
Oil markets saw small fluctuations on Tuesday, with the Brent crude edging marginally upwards by 0.3%, to end at $68.55 a barrel. Meanwhile, U.S. WTI crude rose by 0.6% to $65.28 a barrel.
read more... 12/05/2021