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Daily (18.01.2019): European year-ahead power prices climb by over 4% on Thursday, due to colder weather

Oil prices retreated on Thursday, due to stronger U.S crude oil production and persisting concerns over trade between China and US. However, losses were limited by OPEC output cuts. Brent crude edged 0.2% lower at 61.18 USD/bbl, while WTI crude was down by 0.5% at 52.07 USD/bbl.

read more... 18/01/2019

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Daily (17.01.2019): Carbon prices jumped by over 3% on Wednesday following an oversized Polish auction

Oil prices edged higher on Wednesday, due to OPEC supply cuts and China’s fiscal stimulus signals. However, gains were capped by increasing U.S. fuel inventories and higher crude oil production. As a result, Brent crude inched up by 1.1% to 61.32 USD/bbl, while WTI futures edged 0.4% higher closing at 52.31 USD/bbl.

read more... 17/01/2019

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Daily (16.01.2019): Brent crude jumped by 2.8% on Tuesday due to China’s potential fiscal stimulus

Oil prices jumped on Tuesday as China plans to implement fiscal measures aimed at stabilizing country’s slowing economy. Moreover, output cuts by OPEC and Russia also boosted prices. Brent crude rose by 2.8% to 60.64 USD/bbl, while WTI crude was up by 3.2% settling at 52.11 USD/bbl

read more... 16/01/2019

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Daily (15.01.2019): Brent crude dipped by 2.5% on weak China import-export data

Oil prices dropped on Monday as China reported weakening import-export data, which added to persistent concerns about a global growth slowdown. Brent crude plunged by 2.5% to $58.99 a barrel, despite support from OPEC-led output cuts. WTI futures slumped by around 2% to settle at $50.51 a barrel.

read more... 15/01/2019

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Daily (14.01.2019): Oil prices down by around 2% on Friday on concerns over global economic growth

Oil prices lost nearly 2% as the recent pessimistic economic data added to persisting worries about global economic growth. Nevertheless, oil markets posted gains on a weekly basis, due to OPEC-led output cuts and expectations for progress in U.S.-China trade talks. Brent crude fell by around 2% to $60.48 a barrel, while WTI futures settled about 2% down to $51.59 a barrel.

read more... 14/01/2019

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