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Daily (02.03.2017): Power curve prices in a positive territory tracking firmer fuels
Crude oil prices fell on Wednesday as record-high U.S. crude stocks lessened expectations that the market will re-equilibrate as evidence emerges that OPEC producers are complying with an agreement to slash production.
read more... 02/03/2017
Daily (1.03.2017): German spot power contract soars 20% on changeable wind patterns
Crude oil prices lost ground on Tuesday, but continued to trade in a tight range, as concerns about swelling U.S. crude stockpiles eclipsed OPEC production reductions. U.S. crude stockpiles have boosted for seven straight weeks. Forecasts for another weekly build of 3.1 million barrels fueled worries that demand growth may not be enough to absorb the oversupply.
read more... 01/03/2017
Daily (28.02.2017): UK spot gas down 1.5%, pressured by an oversupplied system
Crude oil prices posted minor changes on Monday as the prospect for the U.S. crude production to continue increasing outweighed reports of high compliance to the OPEC production cut agreement.
read more... 28/02/2017
First Utility announces a 9.7% increase in energy prices
First Utility has made known that it will be rising gas and electricity prices by 9.7%.
read more... 27/02/2017
Daily (27.02.2017): Brent crude down 1% due to rising U.S. production
Crude oil prices fell on Friday as market returned to volatility last week as rising U.S. production continues to weigh on OPEC's efforts to reduce supply.
read more... 27/02/2017