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Daily (05.04.2019): European power prices on the curve climbed by over 3% on Thursday following bullish carbon market
Oil prices varied on Thursday. Brent crude edged 0.1% higher at $69.40 a barrel on tightening global supply due to U.S sanctions on Iran and Venezuela, as well as OPEC-led output cuts. Meanwhile, WTI futures declined by 0.6% to $62.10 a barrel on rising production and higher crude inventories.
read more... 05/04/2019
Daily (04.04.2019): EU carbon prices soared by over 5% on Wednesday on positive Brexit progress
Oil prices slipped on Wednesday, on data showing an unexpected rise in U.S. inventories. Meanwhile, US sanctions against Iran and Venezuela and OPEC-led supply cuts limited losses. Brent crude edged 0.1% lower at $69.31 a barrel, while WTI futures traded 0.2% down at $62.46 a barrel.
read more... 04/04/2019
Daily (03.04.2019): European spot power prices added over 20% on Tuesday, due to a drop in renewables output
Oil prices inched up on Tuesday, hitting their peak in 2019, supported by additional sanctions against Iran and Venezuela. Brent crude edged 0.5% higher at $69.37 a barrel, while WTI futures gained 1.6% to end at $62.58 a barrel.
read more... 03/04/2019
Daily (01.04.2019): British spot gas price declined by 4.9% on Friday, before the start of the summer season
Crude oil prices added gains on Friday, as the OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela offset concerns over the global economic slowdown. Brent oil rose by 0.8% to $68.39 a barrel, while WTI futures soared by 1.4% to $60.14 a barrel.
read more... 01/04/2019
Daily (29.03.2019): EU Carbon Prices Up by Nearly 2% on Thursday
Oil prices ended close to an equilibrium on Thursday after initially dropping in the wake of a new call from US President Donald Trump for an increase in OPEC’s production in order to bring rising prices down. Brent crude was almost steady at $67.82 a barrel, while WTI futures slipped by 0.2 % to $59.30 a barrel, as losses were capped by constant support from OPEC-led supply cuts and U.S. sanctions on Venezuelan and Iranian exports.
read more... 29/03/2019