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Daily (27.02.2018): German spot power price boosted by 103% on Monday as colder weather bolstered demand
Oil prices rose on Monday to almost a three-week peak hit a day earlier, due to signs of strong production cuts by OPEC and non-OPEC countries and an insignificant fall in U.S. output. Brent crude added 19 cents, or 0.3%, to end at $67.50 a barrel. WTI futures surged by 0.6% to settle at $63.91 a barrel.
read more... 27/02/2018
Daily (26.02.2018): British day-ahead gas price jumped by 15.7% on Friday due to cold weather
Oil prices rose on Friday backed by a decline in Libyan output and optimistic comments from Saudi Arabia that an OPEC-led effort to reduce stockpiles through production cuts is functioning. Brent crude soared by 1.4% to close at $67.31 per barrel. WTI crude increased by 1.2% to end at $63.55 per barrel.
read more... 26/02/2018
Daily (05.02.2018): UK day-ahead gas contract traded 1.4% higher on Friday due to colder weather
Oil prices fell on Friday as the dollar surged following strong U.S. jobs growth, while production cuts by OPEC and progressive global demand kept much of the early year oil rally in place. Brent crude slumped by 1.5 percent, to $68.58 a barrel. WTI ended 0.5% lower at $65.45 a barrel.
read more... 05/02/2018
Daily (02.02.2018): German spot electricity price hiked by 19.1% on Thursday due to higher demand
Oil prices surged on Thursday after a survey showed that OPEC's commitment to its supply cuts is still in place, even if U.S. output hit 10 million barrels per day for the first time since 1970. Brent crude settled 0.9% higher at $69.65 per barrel. WTI crude ended at $65.8 per barrel, up 1.7%.
read more... 02/02/2018
Daily (24.01.2018): EU carbon prices jumped by almost 3% to hit more than 5-year high on Tuesday
Oil prices increased on Tuesday, buyout by strong world economic growth prospects and forecasts for continued output reductions by OPEC, Russia and their allies.
read more... 24/01/2018