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Daily (02.10.2017): UK day-ahead gas price fell 11% on less exports to Europe and lower Norwegian flows
Oil prices rose on Friday after a rally in prices on geopolitical instability in Iraqi Kurdistan helped Brent make its biggest third-quarter price performance since 2004.
read more... 02/10/2017
Daily (28.09.2017): UK gas contracts settled higher due to reduced Norwegian flows
Brent prices slumped on Wednesday, while U.S. crude rallied, after oil stockpiles in the world's major consumer unpredictably drew down with refiners coming back online following Hurricane Harvey last month.
read more... 28/09/2017
Daily (26.09.2017): Brent crude price jumped 3.8% to hit a 26-month peak on Monday
Oil prices prolonged gains on Monday, with Brent crude hitting a 26-month peak, supported by Turkey's menace to reduce crude flows from Iraq's Kurdistan area to the outside world.
read more... 26/09/2017
Daily (21.09.2017): British day-ahead gas price fell 3.6% on abundant flows from Norway
Oil prices jumped 2 percent on Wednesday despite a rise in U.S. crude inventories, with the market heading for its biggest third-quarter gain in 13 years after the Iraqi oil minister declared OPEC and its partners were envisaging to deepen output reductions.
read more... 21/09/2017
Daily (28.07.2017): Brent prices soared to 2-month high on Thursday - $51.49 a barrel
Oil prices continued to rise on Thursday with support from a huge slide in U.S. crude inventories. Kuwait, UAE and Saudi Arabia, fellow members of the OPEC, have also promised export cuts. U.S. fuel exports are on track to hit another record in 2017, making foreign fuel markets increasingly important for the profit margins of U.S. refiners. Also, Europe's major energy firms are turning a corner after a 3-year slump, Royal Dutch Shell, France's Total and Norway's Statoil reported sharp rises in cash flow from second quarter operations. Brent crude jumped by 1% to $51.49 a barrel, while WTI price jumped by 0.8% to close at $48.75 a barrel.
read more... 28/07/2017