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Daily (15.04.2019): Brent crude climbed by 1% on upbeat Chinese economic data and tight global supply
Oil prices added gains on Friday following a recovery in Chinese exports last month. The rising U.S. and euro zone bond yields to three-week highs and German growth forecasts also supported prices. Furthermore, involuntary cuts in Venezuela supply and Iran signaled another lift in prices. Brent crude hiked by 1% to $71.55 a barrel , while WTI futures rose by 0.5% to $63.89 a barrel.
read more... 15/04/2019
China's fuel oil consumption to grow 9% to 30 million mt in 2019: analyst
China's apparent consumption of fuel oil, excluding consumption for bonded bunker fuel, is expected to grow to 30 million mt in 2019, up 9% from 27.5 million mt expected in 2018, Shandong Longzhong Information Technology's fuel oil product analyst Tian Qiujin said this week.
read more... 21/12/2018
EBRD invests €100M in Bulgarian Energy Holding
The European Bank for Reconstruction and Development (EBRD) has invested €100 million in a new seven-year €550 million bond issued by Bulgarian Energy Holding (BEH), the state-owned entity that controls the country’s energy assets, including the public suppliers of electricity and gas, the EBRD announced on Monday.
read more... 14/08/2018
Green bonds cut 515,000 tonnes of emissions in Sweden
The Swedish Local Government Funding Agency backed green bonds which slashed yearly emissions by approximately 515,000 tonnes.
read more... 17/04/2018
Daily (07.02.2018): UK spot gas price rose by 2.7% on colder weather and higher demand
Oil declined for a third day in a row due to a selling wave that hit equities, bonds, cryptocurrencies and commodities, and amidst pressure from a rising dollar. Brent crude slumped by 1.1% to $66.86 per barrel. WTI ended 1.2% lower at 63.39$ per barrel.
read more... 07/02/2018