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Daily (11.10.2019): EU carbon prices climbed by 2.5% on Thursday, following positive negotiations between the UK and Ireland

Crude oil prices rebounded on Thursday, as OPEC pledges to take a supply decision for next year this December. Trade talks between U.S. and China to be held next week also lent support to prices. Hence, Brent crude rose by 1.3% to 59.10 a barrel, while WTI futures climbed by 1.8% on a daily basis to end at $53.55 a barrel.

read more... 11/10/2019

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Daily (03.10.2019): UK gas futures posted important losses on Wednesday amid strong pipeline and LNG supplies

Crude oil prices extended losses on Wednesday, after data showed a build in the U.S. crude inventories. Furthermore, pessimistic economic data in the U.S. dragged down the equities market, weighing on the global oil demand. Fading geopolitical tensions in the Middle East stoked oversupply fears, adding to the market bearishness. Against that background, Brent crude dropped by 2% to $57.69 a barrel, while WTI futures settled 1.8% lower at $52.64 a barrel.

read more... 03/10/2019

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Daily (02.10.2019): Brent crude dipped by over 3% on Tuesday, on fears of weakening crude demand

Crude oil prices continued their downward evolution on Tuesday, following the news that U.S. factory data dropped to an over 10-year low in September due to fewer exports in the context of the U.S.-China trade tensions. A subsequent fall in equities market put more pressure on prices. Pessimistic manufacturing and inflation data in the Euro zone also weighed on the market. On the supply side, the declines in oil output from OPEC, Russia and the U.S. could prevent further losses. Brent crude tumbled by 3.1% to $58.89 a barrel. WTI futures traded 0.8% lower at $53.62 a barrel.

read more... 02/10/2019

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Vestas unveils 1,316 MW of US orders

In the last day of September Denmark’s Vestas Wind Systems A/S announced five wind turbine supply contracts in the US for a total capacity of 1,316 MW.

read more... 02/10/2019

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Daily (01.10.2019): NBP spot tumbled by nearly 15% on Monday amid higher Norwegian flows

Crude oil prices continued to decline on Monday, amid receding worries over tighter supply and tensions in the Middle East after the last month’s attacks on Saudi’s oil sites. Uncertainty over U.S.-China trade negotiations added pressure on prices. Against that backdrop, Brent crude fell by 1.8% to $60.78 a barrel, posting the biggest 8.7% loss since the fourth quarter 2018. WTI futures dipped by 3.3% on a daily basis to end at $54.07 a barrel, plunging by 7.5% for the quarter.

read more... 01/10/2019

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