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Daily (16.05.2024): European carbon prices fell on Wednesday amid persistent selling pressure and reduction in investment funds' short position
Wednesday saw an uptick in oil prices, propelled by renewed optimism regarding the potential for China's economic recovery to stimulate demand for the remainder of the year. Hence, Brent crude settled 0.5% up at $82.75 per barrel, while WTI crude stood at $78.63 per barrel, increasing by about 1% day-on-day.
read more... 16/05/2024
Daily (13.05.2024 ) : EUAs retreated from a 4-month high, exerting pressure on the entire energy complex
Oil prices retreated on Friday, on the back of ongoing peace talks in the Middle East region, despite positive economic data from China. Hence, Brent crude slightly decreased to $82.79 per barrel, and WTI crude fell to $78.26 per barrel.
read more... 13/05/2024
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EU countries to pledge help for solar sector, but no trade curbs on China
Most European Union countries are set to commit more support to help Europe's ailing solar panel manufacturers on Monday, but steer clear of restrictions on cheap panel imports from China, a draft document showed.
read more... 16/04/2024
Daily (02.04.2024) : Strong renewable generation weighed on European electricity spot prices on Monday
Oil prices diverged on Monday, amid geopolitical unrest in the Middle East and an upturn in manufacturing activity in China. Brent crude remained stable to slightly bearish reaching a price of $87.42. At the same time, WTI Crude increased by roughly 1 % to $83.71.
read more... 02/04/2024
Daily (20.03.2024): Oil prices notched a minor increase on Tuesday amid continued attacks on Russia’s refineries and positive data from China
Crude oil prices extended gains yesterday due to ongoing attacks on Russia's refining infrastructure, positive macroeconomic data from China, as well as reports of decreasing US crude oil and gasoline inventories. As a result, Brent crude edged 0.6% higher to end at $87.38 a barrel. Meanwhile, U.S. WTI crude rose by about 1% to settle at $83.47 a barrel.
read more... 20/03/2024