Latest news
Daily (05.03.2024): Gas and carbon prices extended their gains on Monday amid cold weather forecasts and reduced LNG flows
Oil prices retreated on Monday despite recent production cuts extensions declared by the OPEC+ members, as worries about demand outweighed. Consequently, the Brent crude oil fell by 1% to settle at $82.80 a barrel, while WTI crude tumbled by 1.5% to stand at $78.74 a barrel.
read more... 05/03/2024
Europe’s industrial decarbonisation at risk amid sharp drop in CO2 price
The sharp drop in the EU’s CO2 price, caused by high energy prices and political uncertainty, risks the carbon market’s credibility – and may become an obstacle to the bloc’s industrial decarbonisation.
read more... 05/03/2024
Daily (01.03.2024): European carbon prices plunged by more than 3% on Thursday following weak auction, selling pressure
Oil prices moved sideways on Thursday. Hence, Brent crude ended rather stable to bearish at $83.62 a barrel, as a higher-than-expected increase in US crude inventories put pressure on prices. WTI crude retreated by about 0.4% to end at $78.26 a barrel.
read more... 01/03/2024
Daily (29.02.2024): Forecasts of colder weather and reduced Norwegian supply drove the energy complex higher on Wednesday
Oil prices posted mixed evolution on Wednesday, driven by ongoing geopolitical tensions and a 4.2-million-barrel build in US crude inventories. As a result, Brent crude stabilised at $83.68 a barrel, and WTI crude retreated by 0.4% to settle at $78.54 a barrel.
read more... 29/02/2024
Daily (28.02.2024): Oil prices extended gains on Tuesday amid rising tensions in the Middle East
On Tuesday, oil prices saw a notable rise amid rising tensions in the Middle East and tightening supplies. The suspension of some Russian gasoline exports also lent support to prices. Consequently, Brent crude oil price increased by 1.4% to $83.65 a barrel, while WTI Crude gained 2% to settle at $78.87 a barrel.
read more... 28/02/2024