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Daily (26.08.2019): WTI crude settled 2.1% lower on Friday due to rising trade disputes between the U.S and China.
Oil prices declined on Friday on increased trade tensions between the U.S and China. Brent crude lost 1% to close at $59.34 a barrel. WTI futures ended 2.1% lower at $54.17 a barrel.
read more... 26/08/2019
Daily (23.08.2019): EU carbon prices fell to an 8-week low on Thursday, weighed down by technical weakness
Crude oil prices inched down on Thursday, due to weaker equity markets and uncertainty over the outlook for U.S. interest rate cuts. Both Brent crude and WTI futures fell by 0.6% to $59.92 and $55.35 a barrel respectively.
read more... 23/08/2019
Daily (22.08.2019): NBP spot surged by 5.4% on Wednesday as the outage at Culzean gas field has been extended
Oil prices diverged on Wednesday. Brent crude price rose due to a higher-than-expected draw in U.S crude stockpiles, while WTI futures dropped due to continued worries about the global economy. Brent crude added $0.27, or 0.5%, to $60.30 a barrel. Meanwhile, WTI crude lost $0.45, or 0.8%, to end at $55.68 a barrel.
read more... 22/08/2019
Daily (21.08.2019): NBP Sep19 price jumped by almost 5% due to an outage at the Culzean gas field
Crude oil prices were rather steady on Tuesday. Brent crude inched up by 0.5% to $60.03 as tensions between U.S. and China eased. However, WTI futures dropped by 0.1% to 56.13 amidst continued concerns over global demand.
read more... 21/08/2019
Daily (20.08.2019): Brent crude surged by around 2% on Monday on worries about global oil supplies
Crude oil prices rose on Monday after Yemen’s Houthi forces used a drone to attack an oilfield in eastern Saudi Arabia on Saturday, threatening global oil supplies. Brent crude added $1.1, or 1.9% to settle at $59.74 a barrel. WTI futures gained $1.34, or 2.4% to end at $56.21 a barrel.
read more... 20/08/2019