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Brent crude oil stays above $75 amid impasse in OPEC+ talks
Oil prices were little changed in early Asian trade on Monday as an impasse in talks among key producers to raise output in coming months kept supplies tight, offsetting concerns about coronavirus' impact on the global economy.
read more... 12/07/2021
Daily (23.04.2021): Front-year European power prices at multi-year record highs as carbon topped 47 EUR/t on Thursday
Oil prices saw a neutral session on Thursday, but optimism about oil demand recovery amid easing European lockdowns offset a growing number of Covid-19 cases in major consumers such as India. Hence, Brent crude ended rather flat at $65.40 a barrel. Meanwhile, U.S. WTI crude steadied at $61.43 a barrel.
read more... 23/04/2021
Daily (19.04.2021): NBP spot rose by 2% to a 2-month high on Friday due to persisting cold weather
Crude oil prices edged lower on Friday, as encouraging economic indicators from the United States and China were offset by coronavirus concerns. As such, Brent oil slipped by 0.3% to $66.77 a barrel, and WTI crude lost 0.5% to close at $63.13 a barrel.
read more... 19/04/2021
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China coal plant booms in 2020 despite retreat globally
A steep increase in coal plant development in China offset a retreat from coal in the rest of the world in 2020, resulting in the first increase in global coal capacity development since 2015, a new report led by Global Energy Monitor (GEM) said on Tuesday.
read more... 07/04/2021
Johan Sverdrup crude loadings to hit new record
Record-high loadings of the North Sea's largest crude grade, Johan Sverdrup, will help offset a drop in exports of the region's benchmark crudes in February.
read more... 30/12/2020