Latest news
Daily (21.07.2022): EUAs experienced their largest daily decline in six weeks on Wednesday
On Wednesday, crude oil prices traded slightly down, as official US crude inventory data indicated low gasoline demand. Thus, Brent crude ended 0.4% lower at $106.92 a barrel, while WTI decreased by 4.2% to $99.88 a barrel.
read more... 21/07/2022
Daily (14.01.2022): French power prices climbed on Thursday amid news about reduced nuclear power production
Oil prices saw a downwards correction on Thursday, pulling back from new two-month highs reached the previous session. The losses were attributed to profit-taking among speculative buyers. However, falling US inventory levels and optimism surrounding Omicron limited the downside. Brent crude lost 0.2% to settle at $84.47 a barrel. U.S. WTI crude futures slipped by 0.6% to end at $82.12 a barrel.
read more... 14/01/2022
Global emissions can decline 10% this decade if refineries clean up their act
Global cumulative emissions could be reduced by 10 per cent during 2020-2030, if refineries adopted low carbon measures, according to the global inventory of carbon dioxide (CO2) emissions published recently in One Earth.
read more... 24/08/2021
Daily (21.04.2021): EUAs set a new record high on Tuesday amid strong auction
Oil prices retreated on Tuesday as a sharp increase in COVID-19 infections in India, Asia’s third-largest economy raised worries about demand recovery. Hence, Brent crude lost 0.7% to settle at $66.57 a barrel. Meanwhile, U.S. WTI crude declined by 1.1% to end at $62.67 a barrel amid a surprise API inventory build.
read more... 21/04/2021
Daily (07.01.2020): Oil prices ended at their highest levels since February after a surprise Saudi output cut
Oil prices continued to climb on Wednesday, hitting the highest levels since late February 2020 after Saudi Arabia announced a major cut in black gold production. Meanwhile, a larger-than-expected US crude inventory draw added further support to oil prices. Hence, Brent crude rose by 70 cents, or 1.3%, to settle at $54.30 a barrel. U.S. WTI crude settled 70 cents higher, or 1.4%, to end at $50.63 a barrel.
read more... 07/01/2021