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Daily (24.04.2020): NBP spot at 12 p/therm on Thursday due to robust flows and weak demand
Crude oil futures gained ground for the second consecutive session on Thursday, with the U.S. WTI crude surging by about 20% as escalating tensions between Iran and the United States offset the deteriorating demand due to the coronavirus pandemic and the supply glut.
read more... 24/04/2020
Daily (14.04.2020): Crude oil futures ended on a mixed note on Monday as demand worries offset OPEC deal
Crude oil futures ended on a mixed note on Monday, as investors digested whether the unprecedented deal by the world’s biggest producers to cut output could stabilize the market hit by the coronavirus.
read more... 14/04/2020
Daily (10.04.2020): Oil prices turned bearish on Thursday due to traders’ skepticism towards the OPEC historic deal
Oil futures fell sharply on Thursday as the traders doubted that the OPEC+ agreement to cut oil output by 10 million barrels per day would be enough to offset the massive destruction of the demand hit by the coronavirus pandemic.
read more... 10/04/2020
Daily (05.03.2020): Brent down 1.4% on Wednesday as Russia resists to OPEC calls for drastic oil cuts
Crude oil futures fell on Wednesday after Russia opposed Saudi Arabia’s plans requesting OPEC+ deeper oil production cuts in order to offset an eroding demand due to the coronavirus outbreak.
read more... 05/03/2020
Daily (18.02.2020): Carbon prices above the €25-threshold amid a bullish wider energy complex
Crude oil futures edged higher on Monday as the coronavirus-related demand worries have been offset by output cuts from major oil producers. Brent crude rose by 35 cents, or 0.6% to settle at $57.67 a barrel. U.S WTI crude increased by 0.5% to end at $52.31 a barrel. However, trading volumes were thin due to the U.S. Presidents’ Day holiday.
read more... 18/02/2020