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Daily (04.07.2017): British prompt gas prices rose by almost 6% on Monday
Oil prices increased on Monday, resuming its longest trend of daily gains in more than 5 years after data pointed to falling U.S. output. Even though some analysts consider that rising OPEC production could cap gains and reverse the tendency to bearish in the nearest future. Brent crude soared by almost 3.7% to end at $49.68 a barrel, while the WTI price jumped by 2.24% to settle at $47.07 a barrel.
read more... 04/07/2017
Daily (03.07.2017): WTI oil price soared by 2.5% on Friday; weak dollar
Oil prices rose for a seventh straight session on Friday supported by weakening U.S. dollar, which fell to its lowest level since October.
read more... 03/07/2017
Daily (30.06.2017): Oil prices jumped to a two-week high on Thursday
Oil prices jumped to a two-week high on Thursday, extending a rally into a sixth consecutive session. U.S. government data showed on Wednesday that domestic crude production had the steepest weekly fall since July 2016. Some analysts and traders believe the decline was caused by temporary factors such as production shutdowns in the Gulf of Mexico due to Tropical Storm Cindy and maintenance in Alaska.
read more... 30/06/2017
Daily (29.06.2017): Energy prices had an upward evolution on Wednesday, EUAs constant
Oil rose above the $47 a barrel on Wednesday due to the biggest decline in weekly U.S. output since July 2016. There was additional support from lower U.S. gasoline inventories.
read more... 29/06/2017
Daily (28.06.2017): Oil prices jumped by around 2% on Tuesday
Oil prices soared for a fourth consecutive session on Tuesday supported by a weaker dollar. Also, short-term financial investors scaled back their net long positions in Brent on the ICE at their lowest level in a year and a half.
read more... 28/06/2017