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Daily (17.03.2020): The EUAs below the €20-mark for the first time in over a year due to a sell-off in financial markets
Crude oil futures decreased sharply on Monday as the coronavirus pandemic continued to play havoc across the energy complex, forcing countries to go into lockdown. Furthermore, top oil producers announced their intention to flood the black gold markets after their ally, Russia, refused on March 6 to further limit the oil production to prop up prices.
read more... 17/03/2020
Russia's Power of Siberia pipeline closed for maintenance
Russian gas producer Gazprom said on Monday the Power of Siberia gas pipeline had been closed for routine maintenance until April 1.
read more... 16/03/2020
Russia has potential to produce 160 mln T of LNG a year -Novatek CEO
Russia has the potential to produce 160 million tonnes of liquefied natural gas (LNG) a year, the chief executive of independent gas producer Novatek , Leonid Mikhelson, said on Wednesday.
read more... 16/03/2020
Daily (06.03.2020): Brent crude below $50 a barrel on Thursday as non-OPEC producers not yet ready to further cut output
Crude oil futures continued to decline on Thursday as worries about global oil demand and slower economic growth caused by the coronavirus outbreak were heightened by concerns that non-OPEC crude producers haven’t yet agreed to further reduce output in order to support prices.
read more... 06/03/2020
Daily (18.02.2020): Carbon prices above the €25-threshold amid a bullish wider energy complex
Crude oil futures edged higher on Monday as the coronavirus-related demand worries have been offset by output cuts from major oil producers. Brent crude rose by 35 cents, or 0.6% to settle at $57.67 a barrel. U.S WTI crude increased by 0.5% to end at $52.31 a barrel. However, trading volumes were thin due to the U.S. Presidents’ Day holiday.
read more... 18/02/2020