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Daily (22.06.2017): Oil prices collapsed to 10-month low, the biggest first-half decline in 20 years
Oil prices ended down on Wednesday, due to global crude glut, being set for the biggest price decline in the first half of any year for the past two decades.
read more... 22/06/2017
Daily (21.06.2017): UK spot gas price jumped by almost 10% on Tuesday
Oil prices tumbled to seven-month lows on Tuesday on news about increasing oil supplies from several key producers. The market is bearish and traders seem happy to keep selling into every rally, as stated by markets analysts at Forex.
read more... 21/06/2017
Daily (20.06.2017): European spot electricity prices soared by over 40% on Monday
Oil prices decreased on Monday, due to rising production in the United States, Libya and Nigeria, which has taken the edge off an OPEC-led initiative to support the market by cutting output.
read more... 20/06/2017
Daily (19.06.2017): British prompt gas prices unexpectedly rose by around 19% on Friday
Oil prices edged up on Friday but the market is still bullish. Rising U.S. oil output has undermined the impact of OPEC-led cuts. Data from the U.S. EIA showed growing gasoline stocks and low demand, despite the peak summer driving season.
read more... 19/06/2017
Daily (16.06.2017): UK wholesale gas prices lost another 11% on Thursday to 8-month low
Oil prices continued to decline on Thursday as global inventories are high and on worries about OPEC's ability to implement agreed output cuts.
read more... 16/06/2017