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Daily (16.02.2017): NBP spot gas gets support from unplanned Norwegian outages
Crude oil prices posted a slight decline on Wednesday in a volatile trade, dragged down by a record high in U.S. crude and gasoline stockpiles which fed concerns about a supply glut. However, the bearish inventories data were offset by evidence that OPEC and other producers were complying with agreed supply cuts.
read more... 16/02/2017
Daily (07.02.2017): Brent and WTI crude at lowest level since Jan. 31
Crude oil prices tumbled on Monday as robust U.S. supplies and excess speculative length offset OPEC output reductions and mounting tensions between the United States and Iran.
read more... 07/02/2017
Daily (25.01.2017): UK’s spot gas prices tumble on oversupply, warmer weather forecasts
Crude oil prices posted a modest increase on Tuesday on news that OPEC and other exporters are lowering production being offset by signs that drilling and production in the U.S. are definitely on the rise. Increased drilling in the United States could curb oil prices.
read more... 25/01/2017
Daily (17.02.2017): European spot power contracts surge to their highest levels since November 2008
Crude oil prices ended the Monday’s trade higher as Saudi Arabia's commitments to cutting production offset a report forecasting U.S. output would again increase this year. Benchmark Brent crude oil for March delivery rose by 41 cents a barrel, or 0.7 percent, to end at $55.86 and U.S. West Texas Intermediate crude added 27 cents, or 0.5 percent, to settle at $52.64 a barrel.
read more... 17/01/2017
Daily: Oil prices near flat in calm trade ahead of Christmas
Crude oil prices did not change significantly on Monday in quite traded ahead of Christmas as the market waited to observe whether U.S. shale gas production would increase enough to offset projected output cuts by OPEC, Russia and other producers in 2017. Brent futures for February delivery fell 29 cents or 0.5 percent, to settle at $54.92 a barrel, while U.S. West Texas Intermediate crude for January gained 22 cents, or 0.4 percent, to close at $52.12 per barrel.
read more... 20/12/2016