Latest news
Daily (01.02.2021): EUAs prices slumped by about 3% on Friday as the first auction cleared at a sizeable discount
Crude oil futures evolved differently at the end of a relatively calm week in the crude markets, with gains limited by the still murky outlook for oil demand. Hence, Brent crude rose by 0.6% to $55.88 a barrel on Friday. At the same time. U.S. WTI crude lost 0.3 % to settle at $52.20 a barrel. Both oil benchmarks moved in a narrow range last week, with Brent fluctuating between $55 and $56 a barrel, while WTI between $52 dollars and $53.
read more... 01/02/2021
Daily (29.01.2021): German Cal’22 power price hovered around 50 EUR/MWh on Thursday amid a bullish energy complex
Oil prices edged down on Thursday, as uncertainty over the global economic recovery due to soaring COVID-19 infections counterweighed falling U.S. crude inventories. Hence, Brent crude lost 0.5% to close at 55.53 dollars a barrel. Meanwhile, U.S. WTI crude declined by 51 cents, or about 1%, to settle at $52.34 a barrel.
read more... 29/01/2021
Daily (28.01.2021): Energy prices in a bearish mood on Wednesday
Brent oil price edged lower on Wednesday amid persisting concerns for global demand for black gold, thus slipping by 0.2% to $55.81 a barrel. WTI crude, however, strengthened yesterday, as data showed an unexpected drop in US crude reserves. As such, WTI gained 0.5% at $52.85 a barrel.
read more... 28/01/2021
Daily (27.01.2021): Milder-than-normal weather forecasts dragged down European spot power prices on Tuesday
Crude oil futures ended on a mixed note on Tuesday amid persisting worries over coronavirus infection rates and indecision about the highly-anticipated $1.9 trillion Fed pandemic relief package. Hence, Brent crude steadied at $55.91 a barrel, while U.S. WTI crude lost 0.3% at $52.61 a barrel.
read more... 27/01/2021
Daily (26.01.2021): British gas prices tumbled on Monday amid milder weather, weaker energy complex in Europe
Crude oil prices increased on Monday to hit their highest level in a week, with investors weighing the impact of supply curbs from Iraq and Libya on the near-term outlook against coronavirus lockdowns. Iraq is pledging to curb output in January and February after pumping more than its OPEC+ quota last year, while Libyan guards halted some crude exports after a pay dispute. Hence, Brent crude rose by 47 cents, or 0.9%, to settle at $55.88 a barrel. Meanwhile, U.S. WTI crude added 50 cents, or 1%, to end at $52.77 per barrel.
read more... 26/01/2021