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Daily (31.05.2022): Oil prices hit two-month high on Monday amid easing restrictions in China, EU meeting
Crude oil prices extended gains, hitting two-month highs on Monday amid loosening COVID-19 restrictions in China and expectations that the European Union will eventually reach an agreement to ban Russian oil imports. Hence, Brent crude rose by $2.24, or 1.9%, to settle at $121.67 a barrel. U.S. WTI crude futures added 1.7%, to $116.86 a barrel.
read more... 31/05/2022
Daily (30.05.2022): NBP spot surged by 61% on Friday due to lower temperatures and strong demand
Crude prices have risen as the EU considers oil sanctions on Russia. Hopes that China may relax Covid-19 restrictions also lent support to prices. As a result, the price of Brent crude rose by 1.7% to $119.43 a barrel on Friday.
read more... 30/05/2022
Global LNG markets sail into the unknown ahead of winter
Global liquefied natural gas (LNG) buyers and sellers are bracing for more uncertainty over Russian supplies and an unclear demand outlook from Europe and top importer China in the run-up to the peak winter season, industry executives said.
read more... 27/05/2022
Daily (25.05.2022): Near-term gas prices fell substantially on Tuesday due to continued gas flows to Europe
After strong gains on Monday, oil prices stabilised on Tuesday as fears about constrained supply outweighed worries about a possible recession and China's COVID-19 restrictions. Brent crude edged 14 cents higher at $113.56 a barrel. WTI crude fell by 52 cents to $109.77 a barrel.
read more... 25/05/2022
(Daily 20.05.2022): EUA prices falling to their lowest level since April 28
Oil prices rebounded on Thursday after two days of losses, back by dollar weakness and expectations that China could ease export curbs, boosting demand. As a result, Brent crude rose by 2.7% to $112.04 per barrel.
read more... 20/05/2022