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Daily (13.06.2017): British prompt gas prices dropped significantly on Monday, by almost 6%

Oil slightly increased on Monday, mainly due to speculative traders, forecasts of lower U.S. inventories and news that Saudi Arabia will lower volumes of crude to some Asian buyers in July while deepening cuts to the United States.

read more... 13/06/2017

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Daily (12.06.2017): EU carbon prices posted a 2.3% week-on-week loss

Oil prices slightly increased on Friday, after steep declines previously during the week, mainly due to increased buying activity among traders, who have taken long positions after closing their prior positions earlier last week. Brent crude for August delivery added 0.61% to settle at $48.15 a barrel on the London ICE Futures Exchange, while the West Texas Intermediate for July delivery increased 0.19 U.S. dollar to settle at $45.83 a barrel on the New York Mercantile Exchange.

read more... 12/06/2017

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Daily (09.06.2017): UK wholesale gas prices rose 3-4% on Thursday on high gas-for-power demand

Crude oil fell for a second consecutive day on Thursday to hit a one-month low after an unexpected increase in U.S. inventories and on growing concerns over an oversupplied market following a rebound in oil production in Libya and Nigeria, which are exempt from OPEC's production cuts.

read more... 09/06/2017

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Daily (08.06.2017): Global oil prices declined sharply by 4-5% on oversupply concerns

Oil prices fell sharply on Wednesday, due to oversupply concerns after the U.S. energy department has estimated a rise in oil production.

read more... 08/06/2017

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Daily (07.06.2017): German spot power contract traded 38% lower on Tuesday

Oil prices increased on Tuesday, finding technical support after falling on pressure from a diplomatic rift in Middle East.

read more... 07/06/2017

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