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Daily (13.04.2021): British gas prices rose on Monday amid cold weather, tight supply and bullish energy complex
Oil prices continued to fluctuate in a narrow range on Monday, spurred by signs that demand is recovering in key markets like India and the United States. Moreover, reports that Yemen's Iran-backed Houthi rebels attacked a Saudi oil facility, lifted tensions in the oil-rich Middle East. Hence, Brent crude added 0.5% to settle at $63.28 a barrel. U.S. WTI crude rose by 0.6% to end at $ 59.70 a barrel.
read more... 13/04/2021
Daily (12.04.2021): NBP spot lost 3% on Friday, weighed by a healthy system
Crude oil prices weakened on Friday, weighed by a possible increase in Iranian production and coronavirus concerns. Consequently, Brent oil edged 0.4% lower at $62.95 a barrel and WTI crude slipped by 0.5% to $59.32 a barrel.
read more... 12/04/2021
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
Daily (08.04.2021): Crude oil prices rose on Wednesday, following the EIA’s weekly report on US inventories
Oil prices rose on Wednesday following EIA’s report on a decline in crude stocks. Gains, however, were limited by increased gasoline inventories in the US. Hence, Brent oil edged 0.7% higher at $63.16 a barrel, while WTI crude gained 0.8% to close at $63.16 a barrel.
read more... 08/04/2021
Daily (07.04.2021): Carbon EUAs rose by 4% on Tuesday, breaking a new record high
Crude oil prices increased on Tuesday, on optimism over demand recovery amid a fast vaccine rollout in the United States. Gains, however, were limited by OPEC+ members’ decision of an increase in their output. Brent oil ended 1% up at $62.74 a barrel, while WTI crude rose by 1.2% to $59.33 a barrel.
read more... 07/04/2021