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Daily (23.08.2018): Brent crude jumped by 3% on Wednesday, due to an unexpected draw in crude stockpiles
On Wednesday, oil crude prices rose, as U.S reported a sudden draw in stocks, while sanctions on Iranian crude might put pressure on supplies. Brent crude price jumped by 3% to $74.78 a barrel. Moreover, WTI crude price closed 3.1% up at $67.86 a barrel.
read more... 23/08/2018
Daily (21.08.2018): German spot power contract gained almost 24% on Monday, on forecasts for a decline in wind generation
Oil crude prices continued their bullish trend on Monday, as investors were more worried about reduced supplies from Iran due to U.S. sanctions and less concerned that U.S-China trade tensions might lead to lower demand. Brent crude increased by 0.5% to $72.21 a barrel, after several declines. Meanwhile, WTI crude settled 0.8% higher at $66.43 a barrel.
read more... 21/08/2018
Daily (08.08.2018): German electricity spot price tumbled by more than 13% on Tuesday, due to high wind output
Oil crude prices continued to rise on Tuesday, on concerns over the global oil supplies as U.S. sanctions imposed on Iranian exports have been revived. Brent crude added 1.2% to close at $74.65 a barrel. Meanwhile, WTI crude edged 0.2% higher at $69.17 a barrel.
read more... 08/08/2018
Daily (07.08.2018): Brent crude rose by 0.7% on Monday as OPEC data showed lack of supply
Oil crude prices hiked on Monday, due to sharp decline in Saudi crude outputs following the OPEC report. As concerns about the global oil supplies increased, Brent crude gained 0.7% to reach $73.75 a barrel. At the same time, WTI crude rose by 0.8% to $69.01 a barrel.
read more... 07/08/2018
Daily (06.08.2018): French day-ahead power price tumbled by 20% on Friday, following the drop in carbon and coal markets.
Oil prices edged lower on Friday, as increased concerns over China’s denial to admit the sanctions against Iranian crude supported the fears over falling demand on U.S supplies. Consequently, Brent crude slipped by 0.3% to $73.21 a barrel. WTI crude dropped by 0.7% to $68.49 a barrel.
read more... 06/08/2018