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Daily (21.09.2018): German spot electricity price plunged by 30% on Thursday, on forecasts for higher wind generation
Oil crude futures dropped on Thursday, as President Donald Trump urged Organization of the Petroleum Exporting Countries to reduce prices. Brent crude was 0.9% down at $78.70 a barrel. WTI crude lost 1.1% to 70.32 a barrel, despite a draw in inventories.
read more... 21/09/2018
Daily (20.09.2018): NBP gas prices surged by more than 2% on Wednesday, due to increased demand
Oil prices gained additional ground on Wednesday, due to falling U.S. stocks and on concerns over global supplies, as sanctions imposed on Iranian exports will be implemented on 4’th of November. Brent crude edged 0.5% higher at $79.40 a barrel. WTI crude added 1.8% to $71.12 a barrel.
read more... 20/09/2018
Daily (19.09.2018): Oil prices gained almost 1.5% on Tuesday, due to concerns over global supply
Oil crude prices surged on Tuesday, prior to OPEC’s meeting on the possibility to raise production, as Iranian output might decline once U.S. sanctions will take effect from November. However, gains were capped by continuous trade disputes between U.S. and China. Brent crude added 1.3% to close at $79.03 a barrel. WTI crude increased by 1.4% to $69.85 a barrel.
read more... 19/09/2018
Daily (18.09.2018): Electricity prices on the curve surged by around 5% on Monday, tracking bullish carbon markets
Oil crude prices fell slightly on Monday, as trade tensions between U.S. and China could have an impact on the global demand. Brent crude ended 0.1% down at $78.05 a barrel, but losses were capped by a cut in Iranian outputs. WTI crude also slipped by 0.1% to $68.91 a barrel.
read more... 18/09/2018
Daily (17.09.2018): German spot electricity contract lost 20.1% on Friday, due to increased solar and coal power supply
Oil crude prices were almost steady on Friday after the previous session's sharp decline caused by worries about lower demand. However, prices recouped losses to end the week higher, stimulated by earlier gains on supply constraints from Iran following U.S. sanctions. WTI crude closed 0.6% up at $68.99 a barrel, while Brent price edged slightly down at $78.09 a barrel.
read more... 17/09/2018