Latest news
Daily (16.01.2023): NBP spot rose by nearly 4% on Friday on forecasts of colder weather
Crude oil prices continued to gain ground on Friday, driven by the rising Chinese demand and the prospect of easing inflationary pressures. As a result, Brent crude oil rose by $1.25, or 1.4 percent, to $85.28 a barrel. U.S. WTI crude oil settled at $79.86 a barrel, gaining $1.4, or almost 2%%, on a day-over-day basis.
read more... 16/01/2023
Daily (15.12.2022): European carbon prices extended losses on Wednesday amid expiring contracts
Crude oil prices rebounded on Wednesday following forecasts from OPEC and the International Energy Agency (IEA) of a rebound in demand over the next year, and as US interest rate hikes are expected to ease further alongside slowing inflation. Brent crude increased by $2.02, or 2.4%, to $82.70 per barrel, while U.S. WTI crude rose by $1.94 to $77.28 a barrel.
read more... 15/12/2022
Daily (05.12.2022): NBP spot settled down on Friday amid forecasts for strong LNG arrivals
A bearish trend was seen in crude oil prices on Friday ahead of a meeting of the OPEC+ on Sunday and an EU ban on Russian crude on Monday. Thus, Brent crude decreased by 1.5% to settle at $85.57 a barrel. WTI crude ended around 5% lower at $79.98 a barrel.
read more... 05/12/2022
Daily (16.11.2022): NBP gas contracts rose amid weaker supply and colder weather forecasts
Tuesday saw a rise in oil prices following U.S. statistics that suggested that inflation may start to drop, which would be favorable for oil demand. As a result, Brent crude settled 0.8% higher at $93.86 a barrel. WTI crude increased by 1.2% to $86.92 per barrel.
read more... 16/11/2022
Daily (15.11.2022): Cold weather forecasts lent support to gas prices on Monday
A stronger US dollar put downward pressure on crude oil prices on Monday. Moreover, an increase in coronavirus cases in China dashed hopes for a speedy reopening of the world's largest crude importer. As a result, Brent crude dropped by 3%, to end at $93.14 per barrel, while WTI fell by 3.5% to $85.87 a barrel.
read more... 15/11/2022