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Daily: EUAs at 7-week high on supply cut optimism
Brent crude oil futures dropped below $103 a barrel on Thursday following persistent concerns that the U.S. Federal Reserve will roll back its stimulus, while an unexpected drop in U.S. crude stockpiles helped to curb the slide. Meanwhile, Brent eased 9 cents to $102.95 a barrel by 03:44 GMT, slipping for a second consecutive day. U.S. oil rose 10 cents to $93.84, after ending 43 cents higher.
read more... 07/06/2013
Daily: EUAs hit 7-week high on strong appetite for CO2 permits
Brent crude oil futures dropped below $102 a barrel on Tuesday following weak U.S. manufacturing data from the previous day which intensified worries about demand growth in the world’s biggest oil consumer. Meanwhile, Brent crude for July delivery shed 18 cents to $101.88 a barrel by 10:29 GMT, after settling $1.67 higher in the previous session. In the same time, U.S. oil dropped 42 cents at $93.03 on Tuesday.
read more... 05/06/2013
Daily – EUAs retreat from six-week high
Crude oil futures increased on Tuesday, recovering from losses in the two last sessions, as high manufacturing growth in the United States and China improved the oil demand outlook and outweighed concerns over the euro zone debt crisis.
read more... 02/05/2012
Weekly Energy Trends - EUAs Fell Below 12 EUR/tonne
Oil Worldwide - Brent crude oil futures fell strongly in volatile trading as fresh concerns about the euro zone added to the economic obscurity pushed prices down 6.9% last week. Fresh strikes emerged in Greece in protest against new budget austerity steps. U.S. stocks had a bleeding week, the Dow Jones falling 6.4%.
read more... 26/09/2011
Daily – Societe Generale lowered carbon price forecasts on over-supply in the market
Societe Generale announced on Tuesday to have reduced its price forecasts for European Union and U.N. carbon emissions permits from 2011 to 2015, due to over-supply in the market and less hedging by utilities, following other carbon analysts who have lowered their price forecasts earlier this month on the back of a slowing EU economy undermining demand for EU Allowances (EUAs) permits. Benchmark 2011 EUAs traded at around 11.90 euros a tonne on Tuesday.
read more... 13/09/2011