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Daily (27.08.2020): British forward gas prices hit multi-month high on Wednesday amid higher CO2 and U.S. gas prices
Crude oil prices ended on a mixed note on Wednesday, with Brent crude for October delivery declining slightly by 22 cents, or 0.5%, to settle at $45.64 a barrel on ICE Futures Europe. At the same time, U.S. WTI crude steadied at $43.39 a barrel, but held ground as U.S. producers shut output in the Gulf of Mexico ahead of Hurricane Laura. However, declining U.S. stockpiles triggered a further rise in WTI crude price.
read more... 27/08/2020
Daily (30.07.2020): European CO2 prices rebounded by nearly 2% on Wednesday tracking a stronger auction in Poland.
Crude oil prices inched higher on Wednesday, following an unexpected drop in US crude inventories. Consequently, Brent crude rose by 1.2% to $43.75 a barrel, while WTI futures increased by 0.6% to $41.27 a barrel.
read more... 30/07/2020
Daily (27.07.2020): European CO2 prices dropped by over 3.5% on Friday, due to falling equity markets and weak auction activity.
Oil prices added slight momentum on Friday, supported by Euro zone business activity growth in July. In this context, the International benchmark, Brent crude settled 0.1% higher at $43.34 a barrel. Similarly, WTI crude rose by 0.5%, to settle at $41.29 a barrel, due to a rise in U.S. business activity to a six-month high in July.
read more... 27/07/2020
Daily (20.07.2019): European CO2 prices jumped by over 4% on Friday due to a stronger auction
Crude oil prices slipped on Friday, as US reported a record high increase in daily Covid-19 cases, while OPEC+ claimed to add supplies starting from August. In this context, Brent crude edged 0.5% lower at $43.14 a barrel. WTI futures settled 0.4% down at $40.59 a barrel.
read more... 20/07/2020
Biomethane injected – for the first time – into the Irish gas grid
The project will initially supply enough biomethane to reduce Ireland’s CO2 annual emissions by 7,200 tonnes
read more... 29/06/2020