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Daily (02.03.2018): NBP spot gas price hiked by over 125% on Thursday due to freezing weather and high demand
A retreating stock market and fears about rising U.S. crude output contributed to a fall in oil prices on Thursday to two-week lows. Brent crude declined by 3% to end at $63.83 a barrel. WTI futures dropped by 1.1% to close at $60.99 a barrel.
read more... 02/03/2018
Daily (01.03.2018): WTI fell 2.2% on Wednesday due to higher U.S. crude inventories and a hike in gasoline stocks
Oil prices continued to decline on Wednesday after official data showed a larger-than-predicted hike in U.S. crude inventories and an unexpected rise in gasoline stocks. Brent crude was down 85 cents, or 1.3%, at $65.78 a barrel. WTI futures ended 2.2% lower at $61.64 a barrel.
read more... 01/03/2018
Daily (28.02.2018): UK day-ahead gas price jumped by over 33% on Tuesday due to cold weather and an undersupplied system
Oil prices declined on Tuesday, marking its first fall in five days, due to a firmer U.S. dollar and predictions that upcoming weekly data will indicate a rise in U.S. crude inventories. Brent crude dropped by 1.3% to end at $66.63 a barrel. WTI futures tumbled by 1.4% to close at $63.01 a barrel.
read more... 28/02/2018
Daily (27.02.2018): German spot power price boosted by 103% on Monday as colder weather bolstered demand
Oil prices rose on Monday to almost a three-week peak hit a day earlier, due to signs of strong production cuts by OPEC and non-OPEC countries and an insignificant fall in U.S. output. Brent crude added 19 cents, or 0.3%, to end at $67.50 a barrel. WTI futures surged by 0.6% to settle at $63.91 a barrel.
read more... 27/02/2018
Daily (26.02.2018): British day-ahead gas price jumped by 15.7% on Friday due to cold weather
Oil prices rose on Friday backed by a decline in Libyan output and optimistic comments from Saudi Arabia that an OPEC-led effort to reduce stockpiles through production cuts is functioning. Brent crude soared by 1.4% to close at $67.31 per barrel. WTI crude increased by 1.2% to end at $63.55 per barrel.
read more... 26/02/2018