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Daily (19.10.2018): EU carbon contracts recovered on Thursday in a strong auction
Oil crude prices fell on Thursday following data revealing ample U.S. crude inventories. Brent crude futures dropped by 1% to close at $79.29 a barrel, while the U.S. West Texas Intermediate (WTI) crude futures declined by 1.6% to trade at $68.65 a barrel.
read more... 19/10/2018
Daily (18.10.2018): WTI crude dropped by 3% on Wednesday due to a jump in US stockpiles
Oil crude prices fell on Wednesday as the U.S. Energy Department's Energy Information Administration revealed a higher-than-expected build in U.S. crude inventories, offsetting concerns about diplomatic relations with Saudi Arabia. Therefore, Brent crude price traded 1.7% lower to settle at $80.05 a barrel. WTI crude price plunged 3% down to settle at $69.75 a barrel.
read more... 18/10/2018
Daily (17.10.2018): UK gas prices dropped on Tuesday due to an oversupplied market
Global oil prices were slightly up on Tuesday, as forecasts for U.S. supply growth were offset by concerns over the Middle East crude supply due to geopolitical tensions, and the approaching U.S. sanctions on Iranian exports. U.S. West Texas Intermediate futures edged 0.2% higher on Tuesday, to trade at $71.92 a barrel. Meanwhile, Brent crude oil futures rose by 0.8% to end at $81.41 a barrel.
read more... 17/10/2018
Daily (16.10.2018): EU carbon prices dropped by more than 9% in a weaker session on Monday as Brexit deal not reached yet
Oil prices increased on Monday, backed by geopolitical tensions after the disappearance of a Saudi journalist, fueling supply worries from the world’s top crude exporter. The price increase was tempered nonetheless by long-term demand concerns. Therefore, Brent crude price rose by 0.4% to settle at $80.78 a barrel.
read more... 16/10/2018
Daily (15.10.2018): The German spot power price fell by almost 21% on Friday, due to stronger wind generation and lower demand
Oil prices were slightly higher of Friday, as the impact of the Hurricane Michael left several platforms in the Gulf of Mexico inactive, contributing to a drop in the U.S. crude production. Consequently, Brent crude closed 0.2% up at $80.43 a barrel.
read more... 15/10/2018