Latest news
Daily (05.09.2022): The NBP gas prices decreased sharply on Friday due to strong LNG imports and UK Continental Shelf production
Oil prices rose on Friday as traders anticipated that OPEC+ would discuss output reductions at their meeting on September 5. Gains were however constrained by concerns about China's COVID-19 limitations and the status of the global economy. As a result, WTI crude oil moved up by 0.3% to $86.87, while Brent crude oil closed 0.7% higher at $93.02.
read more... 05/09/2022
Daily (03.08.2022): Oil prices rose on Tuesday ahead of OPEC meeting
On Tuesday oil forward prices saw a slight increase ahead of this week OPEC+ meeting, which may not result in a further increase in crude production due to concerns that a potential global recession may restrict energy demand. As such, Brent crude oil price settled 0.5% higher at $100.54, WTI crude rose by 0.6% to $94.42 per barrel.
read more... 03/08/2022
Daily (01.08.2022): The NBP spot gas price dipped on Friday as UK gas system is balanced with Nordstream stable flows
Oil prices rose on Friday as attention shifted to the OPEC+ meeting this week and waning hopes that the producing group increasing supply soon. Thus, Brent crude oil price settled 2.7% higher to $110.01, WTI crude rose by 2.3% to $98.62 per barrel.
read more... 01/08/2022
Daily (29.07.2022): EUAs soared on Thursday, as the market prepares for a month of tight auctions
Crude oil prices were volatile on Thursday, buoyed by supply concerns ahead of the meeting between OPEC and its allies. However, gains were limited by global economy recession fears. Thus, Brent crude rose by 0.5% to settle at $107.14 a barrel and WTI crude decreased by 0.9% to $96.42 per barrel.
read more... 29/07/2022
Daily (31.05.2022): Oil prices hit two-month high on Monday amid easing restrictions in China, EU meeting
Crude oil prices extended gains, hitting two-month highs on Monday amid loosening COVID-19 restrictions in China and expectations that the European Union will eventually reach an agreement to ban Russian oil imports. Hence, Brent crude rose by $2.24, or 1.9%, to settle at $121.67 a barrel. U.S. WTI crude futures added 1.7%, to $116.86 a barrel.
read more... 31/05/2022