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Daily (27.12.2017): Oil prices hit 2 and a half year peaks on Tuesday, due to an explosion on a Libyan pipeline
Oil prices hiked to 2-1/2-year peaks and U.S. crude touched $60 a barrel in light trading volume on Tuesday, supported by news of an explosion on a Libyan crude pipeline as well as voluntary OPEC-led supply reductions.
read more... 27/12/2017
Daily (22.12.2017): EU carbon prices hiked by 2.7% to hit a two-year peak on Thursday
Oil prices rose slightly on Thursday, erasing preceding losses after the operator of Britain's Forties pipeline in the North Sea declared it was expected to restart at the beginning of January after repairs over Christmas.
read more... 22/12/2017
Daily (21.12.2017): German day-ahead power contract traded 30% down
Crude prices increased on Wednesday, encouraged by a larger-than-expected decline in U.S. inventories and the ongoing outage of the North Sea Forties pipeline system. Brent crude settled 76 cents, or 1.2%, higher at $64.56 a barrel. Meanwhile, West Texas Intermediate crude futures settled up 53 cents at $58.09 a barrel.
read more... 21/12/2017
UK obtains gas from Russia for Christmas, despite US sanctions
For the first time this month, the United Kingdom will receive direct delivery of Russian gas, after concerns for a winter supply crisis encouraged prices. The agreement is contentious as the Russian gas project, which is the provider, is under the US sanctions against Moscow.
read more... 19/12/2017
Daily (19.12.2017): European carbon prices soared by over 3% on Monday
Benchmark Brent crude prices edged higher on Monday, buyout by a North Sea pipeline outage and a workers' strike in the Nigerian energy industry, but U.S. prices slid slightly, highlighting worries about increasing U.S. production. Brent crude futures traded 18 cents, or 0.3%, up at $63.41. U.S. crude futures fell 14 cents to $57.16.
read more... 19/12/2017