Latest news
Daily (21.12.2023): European carbon prices marked their largest daily gain in 11 months on Wednesday, driven by fund position adjustments and bullish gas prices
On Wednesday, oil prices sustained their upward trend, partially influenced by tensions in the Red Sea. However, the increase in US crude and gasoline inventories limited the gains. Consequently, Brent crude rose by around 0.6% to close at $79.70, and WTI crude ended at $74.22 per barrel, 0.4% higher day-on-day.
read more... 21/12/2023
Daily (20.12.2023): Forward gas prices fell back on Tuesday as bearish fundamentals outweighed supply risks
Oil prices rose on Tuesday, supported by the risk of attacks on ships in the Red Sea and supply disruptions. Consequently, Brent crude settled at $79.23, and WTI crude closed at $72.47 per barrel, both contracts trading around 2% higher day-on-day.
read more... 20/12/2023
Daily (19.12.2023): Energy prices spiked on Monday amid supply security concerns
Oil prices rallied on Monday amid fears of disruptions to maritime oil transport due to attacks in the Red Sea. The market reacted to British oil giant BP's announcement that it would suspend all shipping in the Red Sea. Hence, Brent crude climbed by about 2% to settle at $77.95, and WTI crude ended at $72.47 per barrel, more than 1% higher day-on-day.
read more... 19/12/2023
Daily (18.12.2023): Forward gas prices tumbled by 5% on Friday amid robust supply and mild temperatures
Oil prices posted a slight decrease on Friday following a very volatile week. Market analysts attributed the fluctuations to the upcoming week nearing the end-of-year holidays, noting that traders "are not particularly inclined to take significant positions." As a result, Brent crude ended at $76.55, and WTI crude closed at $71.43 per barrel.
read more... 18/12/2023
UK commits £6bn for home and business energy efficiency
Around a million homes are set to receive a boost in energy efficiency, with targeted support for 200,000 low income households and an additional £1.5 billion allocated for the Boiler Upgrade Scheme
read more... 18/12/2023