Latest news
Daily (06.10.2017): Oil prices soared 2% on Thursday on signs of production cut in 2018
Oil prices increased by about 2 percent on Thursday as signs Saudi Arabia and Russia would cut output through next year. The news offset Wednesday's U.S. data indicating record U.S. exports and the return of production at a major Libyan oilfield.
read more... 06/10/2017
Daily (29.08.2017): Gasoline prices boosted by Hurricane Harvey, but crude oil prices lower
Oil prices fell on Monday as diminished oil supply was offset by the refinery shutdowns due to Hurricane Harvey. Traders expect refineries demanding less oil as they take weeks to come back on line. Brent crude, on the other hand, stayed stronger as the U.S. will demand product from Europe as well as due to some shut down of Libyan oil production over the weekend. Brent crude closed 1% down at $51.89, while WTI price lost 2.71% to end at $46.57 a barrel.
read more... 29/08/2017
Germany acquires 235,000 carbon credits to offset business travel
The German government intends to compensate for the climate footprint of its official travel by starting a bidding process to acquire more than 235,000 carbon credits.
read more... 10/08/2017
Daily (26.04.2017): EU carbon prices continue to decline below 4.50 euros/ton
Oil prices settled slightly higher on Tuesday in seesaw trading as unexpected build in U.S. crude inventories offset much of the production cuts by OPEC and other nations trying to reduce a global glut in crude.
read more... 26/04/2017
Daily (18.04.2017): German spot power climbed by almost 135%
Crude oil recuperated earlier losses on Monday in passive trading, but signs that the United States is continuing to increase production offset strong economic growth in China and OPEC-led efforts to reduce output.
read more... 18/04/2017