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Daily (18.06.2018): Brent crude slumped by more than 3.3% on Friday ahead of Vienna meeting this week

The meeting scheduled in Vienna this week between Saudi Arabia and Russia pressured oil prices on Friday. WTI crude was 2.7% lower at $65.06 a barrel. At the same time, Brent crude slumped by more than 3.3% to settle at $73.44 a barrel.

read more... 18/06/2018

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Russia, Saudi Arabia Agree To Expand Cooperation On Oil, Gas

Russia and Saudi Arabia say they have agreed to expand their cooperation on oil and gas matters after having teamed up to help bolster oil prices in the past two years.

read more... 15/06/2018

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Daily (14.06.2018): NBP day-ahead gas price jumped by 3.4% on Wednesday due to an undersupplied system

Increased demand in fuel consumption in the United States and lower crude inventories boosted oil prices on Wednesday. Brent crude futures rose by 1.1% to settle at $76.74 a barrel. U.S. West Texas Intermediate (WTI) crude futures added 28 cents, or 0.4%, to $66.64 a barrel.

read more... 14/06/2018

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Daily (13.06.2018): Brent crude settled 0.8% lower on Tuesday ahead of OPEC meeting on the 22nd of June

Predictions that voluntary output reductions led by OPEC might be eased weighed down on Brent crude on Tuesday, which closed 0.8% lower at $75.88 a barrel. OPEC warned about downside risks to demand in the last quarters of the 2018, stating that oil market outlook is uncertain.

read more... 13/06/2018

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Daily (12.06.2018): Carbon prices slumped by 2.1% on Monday on worries about high auction supply

On Monday, oil prices edged slightly higher on optimism over the US – Korea summit’s aftermath between their leaders — Donald Trump and Kim Jonh Un in Singapore. Brent crude futures was stable at $76.46 per barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures rose by 0.6% to $66.10 a barrel.

read more... 12/06/2018

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