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Daily (01.02.2023): British near-term gas prices turned bullish on Tuesday amid returning cold spell

Oil prices had a mixed trend on Tuesday amid the possibility of additional interest rate increase. Consequently, Brent crude slipped by 0.4% to 84.49 a barrel, while WTI oil rose by 1.2% to $78.87 a barrel amid higher U.S. demand, weaker dollar.

read more... 01/02/2023

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Daily (27.01.2023): European carbon prices surged to a weekly high of above 89 EUR/t amid bullish technical drivers

Strong U.S. economic data and the assumption that the reopening of the Chinese economy would boost demand led to an uptick in oil prices on Thursday. As a result, Brent crude oil ended approximately 2% higher at $87.47 a barrel. U.S. WTI crude finished at 81.01 USD/bbl, rising by 1% day-on-day.

read more... 27/01/2023

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Daily (24.01.2023): Prices for energy commodities have stabilised on Monday

Oil prices diverged on Monday. Brent crude rose by around 1%, to settle at $88.19 per barrel due to rising demand from China. However, WTI crude remained rather stable at $81.62 per barrel, amid persistent economic concerns.

read more... 24/01/2023

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Slovenia plans €3.5 billion investment in power distribution system

Slovenia plans to pour €3.5 billion into its power distribution system over the next 10 years to make it withstand the increased demand for electricity it expects will come with the green transition.

read more... 24/01/2023

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Daily (23.01.2023): Oil prices increased by over 1% on Friday amid brighter demand outlook in China

Crude oil prices moved upwards on Friday amid the prospects of rising demand in China as the economy in the world’s biggest oil importer gradually bounces back from nearly three years of stringent Covid lockdowns despite increases in infections. Hence, Brent crude increased by $1.47, or 1.7%, to settle at $87.63 a barrel. U.S. WTI crude settled at $81.31 a barrel, gaining 98 cents, or 1.2% day-on-day.

read more... 23/01/2023

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