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Daily (23.04.2018): Oil prices rose by 0.4% to reach almost 3-Year peaks as strong demand reduced supplies
Oil prices were bullish on Friday to hit almost three-year peaks as prolonging OPEC-led supply cuts and strong demand gradually diminished excess supplies. Brent futures added $0.28, or 0.4%, to $74.06 per barrel. WTI crude edged 0.2% higher to $68.40 a barrel. Oil prices were bullish on Friday to hit almost three-year peaks as prolonging OPEC-led supply cuts and strong demand gradually diminished excess supplies. Brent futures added $0.28, or 0.4%, to $74.06 per barrel. WTI crude edged 0.2% higher to $68.40 a barrel.
read more... 23/04/2018
Daily (20.04.2018): UK spot gas price surged by 4.5% on expectations of lower flows from Norway
Oil prices continued their bullish trend on Thursday, being backed by steady drawdowns in global supply and Saudi Arabia’s wish to rise more the prices.
read more... 20/04/2018
Daily (19.04.2018): WTI crude jumped by 3% on Wednesday to hit a peak since late 2014
Oil prices jumped on Wednesday due to a decline in U.S. crude inventories and after sources announced that top exporter Saudi Arabia wishes to see the oil price close to $100 a barrel. Brent crude added $1.90, or 2.7 percent, to end at $73.48 a barrel. WTI futures were $1.95, or 2.9 percent, up at $68.47 a barrel, their highest level since late 2014.
read more... 19/04/2018
Daily (18.04.2018): German spot power contract down 6.3% on Tuesday due to milder weather and lower consumption
Oil prices surged on Tuesday, backed by the probability of supply interruption and a strong equities market, compensating the effects of profit-taking after last week's upward trend to three-year peaks. Brent crude added 16 cents, or 0.22%, to close at $71.58 a barrel. WTI futures soared by 0.5% to settle at $66.52.
read more... 18/04/2018
Daily (17.04.2018): European carbon prices hit new 7-year highs on Monday as observers forecasted further gains
Oil prices fell on Monday following a higher U.S. drilling activity and due to worries related to increasing tensions in the Middle East after air strikes on Syria over the weekend. Brent futures lost $1.16, or 1.6%, to end at $71.42 a barrel. WTI crude slumped by 1.7% to $66.22 a barrel.
read more... 17/04/2018