Latest news
GAS – Spot contracts slump to fresh multi-year lows
Spot gas contracts on the Dutch TTF and the UK’s NBP hit fresh multi-year lows on Friday as mild temperatures and ample supply exacerbated by the coronavirus crisis weighed on the market.
read more... 06/04/2020
Daily (30.03.2019): NBP spot tumbled by 21% on a weekly basis, as weak demand outweighed stimulus hopes
Crude oil prices extended losses on Friday, posting the fifth consecutive weekly decline, as governments’ financial stimulus to eliminate the coronavirus pandemic could not stop the decline in global demand. Brent crude dropped by 5.4% to $24.93 a barrel. WTI futures traded 4.8% down at $21.51 a barrel.
read more... 30/03/2020
Daily (24.03.2020): NBP spot fell by 7% amid weak demand and supply glut
Crude oil prices ended higher in a volatile session on Monday, after Fed announced extensive new measures to support the economy crippled by the coronavirus. Moreover,the U.S. indicated the possibility of an alliance with Saudi Arabia to stabilize prices. However, the sentiment remains bearish on worries about economic recession.
read more... 24/03/2020
BP and Shell lead call for 100% clean-hydrogen heating in UK
BP and Shell are among the founding members of a new lobby group aiming to persuade the UK government to create a “world-leading hydrogen economy” by investing heavily in H2 technology and production, with a view to meeting 100% of the country’s heating needs from hydrogen.
read more... 03/03/2020
Daily (19.02.2020): NBP spot soared by 2.8% on Tuesday due to weak LNG supply
Oil prices were almost unchanged on Tuesday in a market still concerned about the coronavirus epidemic and its economic consequences. Brent crude for April delivery rose by 8 cents, or 0.14%, to end at $57.75 per barrel. On the other side, WTI crude slipped by 0.5% to settle at $52.05 per barrel.
read more... 19/02/2020