Latest news
Daily (10.09.2021): Gas markets extended record highs on Thursday, due to persisting supply concerns ahead of winter season
Oil prices fell on Thursday, following the announcement that China started using its internal strategic crude reserves in order to counteract the rising energy prices. Despite a drop in US crude and gasoline stocks, Brent oil lost 1.6% to end at $71.45 a barrel. WTI crude closed 1.7% lower at $68.14 a barrel.
read more... 10/09/2021
Daily (19.08.2021): Oil prices lost more than 1% on Wednesday, following an increase in US gasoline stocks
Crude oil prices weakened on Wednesday, weighed by an increase in US weekly gasoline stocks, as indicated by the EIA. Despite a decline in US crude reserves, Brent oil fell by 1.2% to $68.23 a barrel and WTI crude ended 1.7% lower at $65.46 a barrel.
read more... 19/08/2021
Daily (30.07.2021): British gas prices surged to record highs on Thursday as supply picture in Europe remains tight
Crude oil prices continued to increase on Thursday, marking another settlement at the highest in over two weeks after U.S. government data revealed a weekly drawdown in domestic crude, gasoline and distillate inventories. Hence, Brent crude soared by 1.8% to settle at $76.05 a barrel. U.S. WTI crude increased by 1.7% to close at $73.62 a barrel.
read more... 30/07/2021
Daily (09.07.2021): Oil prices moved upwards on Thursday amid bigger than expected drop in U.S. inventories, OPEC impasse
Crude oil prices rebounded on Thursday amid much bigger drop than expected in U.S. crude and gasoline inventories, but uncertainty about global supplies continued to limit upside following a dispute between OPEC heavyweights over production plans. Hence, Brent crude rose by 69 cents, or 0.9%, to settle at $74.12 a barrel. U.S. WTI crude added 74 cents, or 1%, to close at $72.94 a barrel on the NYMEX.
read more... 09/07/2021
Daily (10.06.2021): Carbon EUAs gained around 2.5% on Wednesday, lifted by strong auction results and bullish energy prices
Crude oil price growth was counterbalanced on Wednesday by a strong increase in US gasoline reserves and pessimistic views over demand. Consequently, Brent oil stagnated at $72.22 a barrel, while WTI crude edged 0.1% lower at $69.96 a barrel.
read more... 10/06/2021