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Daily (29.10.2021): Gas markets lost significant ground on Thursday, following President Putin statement on higher flows from Russia in November
Oil prices extended losses on Thursday, on previous news of an increase in US crude reserves. However, the market recovered as OPEC+ announced forecasts of a larger-than-expected drop in global stocks this year. Hence, Brent oil slipped by 0.3% to $84.32 a barrel and WTI crude edged 0.2% higher at $82.81 a barrel.
read more... 29/10/2021
Daily (28.10.2021): Oil prices lost more than 2% on Wednesday, pressured by a weekly increase in US crude stocks
Crude oil prices were bearish on Wednesday, as crude reserves in the United States rose by twice as much as analysts expected. Moreover, prices fell on signs of a resumption of nuclear negotiations with Iran. Hence, Brent oil lost 2.1% at $84.58 a barrel and WTI crude dropped by 2.4% to $82.66 a barrel.
read more... 28/10/2021
Daily (21.10.2021): European carbon prices gained nearly 6% on Wednesday, on cold weather forecasts and higher energy prices
Crude oil prices rose on Wednesday, after the EIA published the report on US crude stocks, which unexpectedly decreased week-on-week. Thus, Brent oil increased by 0.9% to $85.82 a barrel and WTI crude edged 0.6% higher at $83.42 a barrel.
read more... 21/10/2021
Daily (07.10.2021): German and French spot power prices hovered around 300 EUR/MWh on Wednesday, due to high demand and weaker renewables generation
Oil prices lost ground on Wednesday, following a larger-than-expected rise in crude stocks in the United States. Consequently, Brent crude decreased by 1.8% to $81.08 a barrel. WTI oil fell by 1.9% to $77.43 a barrel.
read more... 07/10/2021
Daily (23.09.2021): Oil prices gained 2.5% on Wednesday, supported by declining crude inventories in the United States
Oil prices strengthened on Wednesday, following the US Energy Information Administration’s weekly report showing a decline in crude stocks caused by the recent hurricanes. As such, Brent oil and WTI crude both rose by 2.5% to $76.19 and $72.23 a barrel, respectively.
read more... 23/09/2021