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Daily (06.09.2024): British gas prices recovered on Thursday amid reduced Norwegian flows
Oil prices remained flat on Thursday, weighed by persistent oversupply and weak global demand, though geopolitical risks provided some support. Brent crude settled at $73.75 per barrel, and WTI closed at $72.69 per barrel.
read more... 06/09/2024
Daily (05.09.2024): European carbon prices hit a six-week low on Wednesday due to an increased selling pressure
Oil prices fell by around 1.5% on Wednesday, as China’s economic struggles and a global oversupply continued to weigh on the market. Brent crude closed at $72.70 per barrel, while WTI crude settled at $69.20 per barrel.
read more... 05/09/2024
UK Windfall Tax Hike Could Cost the Government $16 Billion
The planned additional hike in the UK’s windfall tax on North Sea oil and gas operators could lead to $16 billion (£12 billion) lower tax receipts for the country compared to the current tax regime, offshore industry group OEUK warned in a new report on Monday.
read more... 03/09/2024
Daily (02.09.2024): British gas traded higher on Friday amid concerns over reduced Norwegian flows and geopolitical tensions between Russia and Ukraine
Oil prices fell on Friday, driven by disappointing economic data from China, which stoked concerns about global demand. Brent crude fell by over 1% to close at $78.80 per barrel, while WTI crude dropped by over 3% to settle at $73.55 per barrel.
read more... 02/09/2024
Daily (29.08.2024): European carbon prices dropped by 1% on Wednesday following reduction in bearish bets by funds
Oil prices fell by over 1% on Wednesday as concerns about China's economic growth outweighed signals of robust demand in the US. Brent crude closed at $78.65 per barrel, while WTI crude settled at $74.52 per barrel.
read more... 29/08/2024