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Daily (09.03.2017): Oil prices dropped by 5% at the lowest level this year
Oil prices registered on Wednesday a 5 percent decrease to their lowest levels this year as U.S. crude inventories jumped to a new record high, increasing worries that a global surplus might last even with OPEC trying to sustain prices with production cuts.
read more... 09/03/2017
Daily (08.03.2017): UK prompt gas prices pressured by comfortable supply, lower demand
Crude oil prices closed little changed on Tuesday, as growing U.S. production expectations counterbalanced earlier gains after Saudi Arabia’s oil minister declared market fundamentals are recovering.
read more... 08/03/2017
Daily (07.03.2017): European spot power prices spurred by high demand, tighter supply
Crude oil prices evolved differently on Monday, with Brent gaining ground and WTI crude falling slightly on reports that Iraq would participate in output reduction if OPEC extended oil production cuts into the second half of the year.
read more... 07/03/2017
Daily (06.03.2017): WTI crude up 1.4%, buoyed by weaker dollar
Crude oil prices rallied on Friday, spurred by a lower dollar, but investors remained cautious after Russian output data showed weak compliance with a global deal to slash production.
read more... 06/03/2017
Daily (3.03.2017): Oil down 2%, clouded by supply worries, stronger dollar
Crude oil prices fell over 2% on Thursday after Russian crude output remained unchanged in February at 11.11 million barrels per day (bpd).
read more... 03/03/2017