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Daily (05.10.2018): NBP gas contract for delivery in 2019 traded 1.3% higher on Thursday despite lower consumption and a well-supplied system
Oil crude prices lost momentum on Thursday, due to forecasts for an increase in production by Saudi Arabia and Russia. However, the price losses were tempered by the forthcoming U.S. sanctions on Iranian exports. WTI crude closed 2.7% down at $74.33 a barrel, while Brent crude oil futures dropped by 2% to trade at $84.58 a barrel.
read more... 05/10/2018
German Senvion secures 80-megawatt wind project in US
German wind turbine manufacturer Senvion and Michigan-U.S.-based Heritage Sustainable Energy executed an 80-megawatt (MW) agreement for the supply and delivery of the Garden II wind farm project in Michigan, Senvion announced Monday.
read more... 12/09/2018
Daily (07.09.2018): Carbon Contracts gained more than 5% on Thursday, due to limited allowance supply
Oil crude prices extended losses on Thursday, on worries about China’s demand amid growing trade disputes. Moreover, gasoline and distillate stocks at Cushing, Oklahoma delivery hub were at their highest level in four years, pressuring prices. Brent crude decreased by 1% to close at $76.50 a barrel, while WTI crude slumped by 1.4% to $67.77 a barrel.
read more... 07/09/2018
Daily (05.09.2018): The UK gas contract for October delivery gained 1.4%, due to an undersupplied system
Oil crude prices fluctuated during the day on Tuesday, as a tropical storm hit the U.S. Gulf coast, while countries of the Pacific region decided to continue procurement of Iranian crude, despite U.S. sanctions. Brent crude price edged slightly higher at $78.17 a barrel, but gains were capped by a stronger dollar. WTI crude price edged 0.3% lower to $69.87 a barrel, due to a rise in crude inventories at Cushing, Oklahoma.
read more... 05/09/2018
Daily(13.07.2018): NBP spot price fell by 2.5% on Thursday due to expectations for lower demand
Oil prices were mixed on Thursday, spurred by news that the U.S. market has been undersupplied due to the loss of some Canadian oil production. Brent crude surged by 1.4% to $74.45 a barrel. Meanwhile, WTI crude edged 0.1% lower at $70.33 a barrel, as inventories at the Cushing delivery hub had fallen by almost 1M barrels.
read more... 13/07/2018