Latest news
Turkey resumes oil import from Iran
Turkey has resumed imports of Iranian crude oil under the U.S. sanctions waiver, according to the trading and shipping sources.
read more... 10/01/2019
Daily (13.12.2018): NBP spot gained 1.6% on Wednesday due to cooler weather forecasts
Oil prices edged slightly lower on Wednesday, after Iran’s minister stated that opinions within OPEC related to output reduction differ. Nevertheless, losses were capped by the recent decline in Libya’s exports. Brent crude was almost unchanged at $60.15 a barrel. WTI crude lost 1% to end at $51.15 a barrel.
read more... 13/12/2018
Daily (19.11.2018): European electricity prices fell on Friday on stronger wind generation
Oil prices were almost constant on Friday, as the relaunch of Kirkuk oil flows through the Kurdish-controlled pipeline diminished the impact of U.S. sanctions over Iranian exports. Flows resumed at an average daily level of 50,000-60,000 barrels. Brent crude edged 0.2% higher at $66.76 a barrel. WTI crude remained unchanged at $56.46 a barrel.
read more... 19/11/2018
Daily (13.11.2018): NBP spot gas price added almost 8% on Monday, due to stronger demand
Oil prices edged lower on Monday, following OPEC’s reaction to add more supply in order to cover potential losses of Iranian barrels, after sanctions against crude exports from the Islamic Republic were re-imposed on November 4. Brent crude was almost flat at $70.12 a barrel, while WTI crude lost 0.4% to $59.93 a barrel.
read more... 13/11/2018
Daily (08.11.18): Carbon prices surged by 6% around the 19-euro levels on Wednesday in a strong auction
Record U.S. crude production and increased concerns of a global oversupply put pressure on oil prices on Wednesday. US sanctions against Iran failed to support the market, as waivers have been offered to 8 eight countries, including three of the world's major importers, allowing them to continue acquiring Iranian crude for six months.
read more... 08/11/2018