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Daily (07.11.2018): Oil prices fell on Tuesday, on worries over global demand and Iran sanctions waivers
Oil prices shed on Tuesday, as Iran stated it had been able to sell as much oil as it needed to sell, despite sanctions imposed a day earlier. On the other side, increased concerns over global oil demand amid trade war between the world’s biggest economies also put pressure on prices. Accordingly, Brent crude decreased by 1.4% to $72.13 a barrel, settling at 8-month lows. WTI crude was at $62.21 a barrel, losing 1.4% comparing to its previous settlement.
read more... 07/11/2018
Daily (06.11.2018): NBP spot dropped by over 3% on Monday, due to warm weather and weaker demand
After 5 consecutive days of declines, oil prices edged slightly higher on Monday, as sanctions against Iranian exports were imposed, except for a few countries which have been allowed to continue crude procurement from the Islamic nation. Brent crude rose 0.5% to $73.17a barrel, but gains were limited by US-China trade tensions. WTI crude was almost unchanged at $63.10 a barrel.
read more... 06/11/2018
Japan set to prepare for resuming Iran oil imports - trade minister
TOKYO (Reuters) - Japanese buyers of Iranian crude are expected to prepare for resuming oil imports from the Islamic Republic after the country was granted a waiver from U.S. sanctions, trade minister Hiroshige Seko said on Tuesday.
read more... 06/11/2018
Iran, South Korea sign contract on generating electricity from waste
The Islamic Republic of Iran and South Korea on Monday signed a contract valued at $130 million for generating electricity from waste in Tehran, IRNA reports.
read more... 06/11/2018
Daily (05.11.2018): Carbon prices soared by almost 10% on Friday, tracking a bullish energy complex
Oil prices were slightly bearish on Friday, as President Donald Trump exempted several countries from sanctions against Iran, allowing them to continue purchasing Iranian crude for at least six months. Brent crude slipped by 0.1% to $72.83 a barrel. Meanwhile, WTI crude traded 0.9% lower at $63.14 a barrel.
read more... 05/11/2018