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Daily (14.01.2020): NBP spot 3.7% higher on Monday in a short system
Oil prices settled down for a fifth session in a row on Monday as traders evaluated the possibility of an oversupply in crude amid fading geopolitical tensions in the Middle East. Brent crude for March delivery declined by 78 cents, or 1.2% to settle at $64.20 a barrel. WTI, the US crude benchmark, settled down 96 cents, or 1.6%, to end at $58.08 per barrel.
read more... 14/01/2020
Daily (07.01.2020): Carbon prices turned bearish again on Monday after the restart of EUA auctions
Crude oil price extended gains on Monday as tensions erupted following Soleimani's killing on Friday, with Tehran and Washington exchanging strike threats. Brent crude for March delivery rose above $70 a barrel at one point, but settled only 0.5% higher at $68.91 a barrel. U.S. WTI crude for February delivery gained 22 cents to close at $63.27 a barrel.
read more... 07/01/2020
Daily (02.01.2020): Brent gains 23% in 2019, the best year since 2016
Crude oil prices pulled back on Tuesday, the last trading day in 2019, as U.S. equities fell sharply despite an optimistic economic growth outlook for 2020 following Washington and Beijing lessening trade relations. Brent crude for March delivery fell 67 cents, or 1% to settle at $66.00 a barrel. U.S. WTI crude for February delivery slid 62 cents, or 1% to close at $61.06 a barrel.
read more... 02/01/2020
Daily (19.12.2019): French spot power plunges 33% on Wednesday on high wind, nuclear generation
Crude oil futures were rather flat on Wednesday after moving upward four trading days in a row. Brent crude edged higher, paring earlier gains following the latest oil inventory figures from the American Petroleum Institute (API) and the U.S. Department of Energy (DOE). Brent crude for February delivery added 7 cents, or 0.1%, to end at $66.17 per barrel. WTI for January delivery slipped to $60.93 per barrel.
read more... 19/12/2019
Daily (17.12.2019): German spot power skyrockets 58% on stronger consumption outlook
Crude oil futures slightly increased on Monday after reaching a three-month high on Friday, as the traders have taken a wait-and-see attitude. The U.S. and China have reached phase one of their trade agreement after 18 months of political tension. Brent crude for February delivery rose by 12 cents, or 0.2%, to settle at $65.34 a barrel, while WTI crude for January delivery added 14 cents, or 0.2%, to close at $60.21 a barrel.
read more... 17/12/2019