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Daily (18.01.2021): Carbon EUAs plummeted by 5% on Friday, following a bearish energy market

Crude oil prices retreated on Friday, weighed by global demand concerns amid the coronavirus pandemic. Hence, Brent crude and WTI oil lost 2.3% to close at $55.10 and $52.36 a barrel, respectively.

read more... 18/01/2021


Daily (24.12.2020): Carbon EUAs increased by 2.4% on Wednesday amid hopes for a Brexit conclusion before Christmas

Crude oil prices gained ground on Wednesday, supported by an unexpected drop in US crude and petroleum reserves. Despite limited gains due to the new strain of coronavirus, Brent oil ended 2.2% up at $51.20 a barrel, while WTI crude traded 2.3% higher at $48.12 a barrel.

read more... 24/12/2020


Daily (18.12.2020): EUAs at around 32€ highs on Thursday due to tighter EU climate targets and short-auction supply

Crude oil prices continued their upward trend on Thursday, spurred by a larger-than-expected U.S. crude stockpile draw and by optimism about a coronavirus relief package in the United States and record-breaking refining demand in China and India. Hence, Brent crude rose by 42 cents, or 0.8%, to end at $51.50 a barrel. Meanwhile, WTI crude settled 54 cents, or 1.1%, higher at $48.36 per barrel. Both contracts closed again at nine-month highs.

read more... 18/12/2020


Daily (16.12.2020): EUAs extended record high on Tuesday in tandem with a bullish energy complex

Crude oil prices continued to gain ground on Tuesday, boosted by progress on vaccine rollout that helped ease market concerns over a spiral virus outbreak. Hopes for a new stimulus package in the United States added further support to oil prices. Hence, Brent crude for February delivery rose by 47 cents, or 0.9%, to close at $50.76 per barrel. Meanwhile, U.S. WTI crude for January delivery increased by 63 cent, or 1.3%, to settle at $47.62 a barrel. Both contracts posted their highest levels in nine months.

read more... 16/12/2020


Daily (10.12.2020): Interest from investors pushes EUAs near the €30-mark

Oil prices were pressured on Wednesday by a significant increase in US crude inventories. However, losses were limited amid hopes that the Covid-19 vaccine will boost oil demand. Brent oil ended leveled with Tuesday’s close at $48.86 a barrel, while WIT crude edged 0.2% lower at $45.52 a barrel.

read more... 10/12/2020