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Daily (16.05.2017): Oil prices jumped by 2% on Monday
Oil prices jumped on Monday, after the world’s two biggest producers, Saudi Arabia and Russia, stated that an extension of the crude production cuts is likely from the middle of this year until March 2018.
read more... 16/05/2017
Daily (15.05.2017): European spot electricity prices fell by 10-13%, EUAs at 4.5 euros/ton again
Oil prices slightly grew on Friday, boosted by the news about lower U.S. crude inventories and traders’ hope that the global supply glut can be reduced by continued OPEC-led production cuts.
read more... 15/05/2017
Daily (12.05.2017): UK spot gas prices declined by 5% on warmer weather forecasts
Oil prices grew by around 1%, extending Wednesday's 3% gains, boosted by the news about a huge drop in the U.S. inventories and 2 countries’ decision to support extension to OPEC supply cuts.
read more... 12/05/2017
Iberdrola price fixing claim examined by Spain's high court
Spain's High Court declared on Thursday it is inspecting a claim by the anti-corruption prosecutor of supposed electricity price manipulation by utility Iberdrola in late 2013.
read more... 11/05/2017
Daily (11.05.2017): Oil prices jumped by more than 3% on Wednesday
Oil prices surged by more than 3% on Wednesday, boosted by the biggest one-week slump in U.S. inventories so far in 2017, and after Iraq and Algeria joined Saudi Arabia in sustaining an extension to OPEC supply cuts.
read more... 11/05/2017