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Daily (24.10.2017): French year-ahead power contract rose 2.3% on news of delayed nuclear reactor restarts
Oil prices changed slightly on Monday amid signs of a drop in U.S. drilling rates and as supply disruptions in Iraq dented exports out of OPEC's second-biggest producer.
read more... 24/10/2017
Daily (23.10.2017): Oil prices rose on Friday due to a sharp drop in Iraqi crude exports
Oil prices increased slightly on Friday in see-saw trade, under pressure from lower U.S. demand but drawing support from a huge drop in Iraqi crude exports due to tensions in the Kurdistan area.
read more... 23/10/2017
Daily (20.10.2017): German year-ahead power contract ended 18.5% down on Thursday after having hit a peak of 3 years and 9 months
Oil prices fell on Thursday, pressured by bigger-than-anticipated product inventories in the United States and some profit-taking after the latest run-up in oil benchmarks. Brent crude futures traded 92 cents, or 1.6 percent, lower at $57.23 from Wednesday's mid-week peak of $58.15 a barrel.
read more... 20/10/2017
Daily (19.10.2017): Brent crude price hit $58.15 a barrel on Wednesday, or a 3-week high
Oil prices surged on Wednesday with Brent reaching 3-weeks high and then retreated after a surprising drop in U.S. refining rates and an unexpected build in U.S. fuel stocks. Nevertheless, overall trend was bullish, as Iraq Kurdistan's oil exports more than halved after Iraq military operation. Another threat to oil supply is the ongoing dispute between the U.S. and Iran. President Donald Trump last week refused to certify Iran's compliance with a nuclear deal, leaving Congress 60 days to decide further action. Brent crude edged $0.27, or 0.5%, up at $58.15, meanwhile the WTI price grew by 0.3% to $52.04 a barrel.
read more... 19/10/2017
Daily (18.10.2017): British spot gas price surged 1.6% on colder weather and lower flows from Norway
Oil prices edged slightly higher on Tuesday, stabilising after prior gains and losses, as estimates of high U.S. output and exports offset concerns that fighting between Iraqi and Kurdish forces might menace the country's crude production.
read more... 18/10/2017