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Daily (12.04.2021): NBP spot lost 3% on Friday, weighed by a healthy system
Crude oil prices weakened on Friday, weighed by a possible increase in Iranian production and coronavirus concerns. Consequently, Brent oil edged 0.4% lower at $62.95 a barrel and WTI crude slipped by 0.5% to $59.32 a barrel.
read more... 12/04/2021
Daily (09.04.2021): NBP spot rebounded on Thursday amid cold weather and weaker supply
Crude oil prices closed on a mixed note on Thursday, as demand concerns driven by the rise in COVID-19 cases around the world and bigger-than-expected weekly increase in U.S. gasoline stocks pressured the market. Hence, Brent crude settled at $63.20 a barrel, while WTI crude lost 0.3% to end at $59.60 a barrel.
read more... 09/04/2021
Daily (11.03.2021): NBP price for front-month delivery gained 5% on Wednesday due to cold weather forecasts
Crude oil prices edged higher on Wednesday, as the EIA’s weekly report showed continued disruptions in US oil production following February’s cold wave. Hence, Brent crude rose by 0.6% to $67.90 a barrel and WTI oil was 0.7% up at $64.44 a barrel.
read more... 11/03/2021
Daily (16.02.2021): NBP gas for March21 delivery fell by 7% on Monday amid mild weather outlooks and high LNG supply
Crude oil prices extended gains on Monday, supported by renewed optimism over the outlook for global demand amid Covid-19 vaccine rollout. Hence, Brent crude rose by 1.4% to $63.30 a barrel and WTI oil ended 1.1% up at $60.14 a barrel.
read more... 16/02/2021
Daily (23.12.2020): NBP near-term prices strongly bullish on Tuesday amid forecasts for colder weather and less wind
Crude oil prices ended lower again on Tuesday, weighed by investors’ fears on a possible decrease in global demand due to the new strain of coronavirus. Consequently, Brent crude weakened by 1.6% to $50.08 a barrel, while WTI oil lost 2% to close at $47.02 a barrel.
read more... 23/12/2020