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Daily (25.02.2020): EUAs down 4% as the coronavirus outbreak beyond China weighs on market sentiment

Crude oil futures lost ground on Monday as the panic created over the spread of the coronavirus outside China intensified concerns that the epidemic could significantly curb global demand for black gold.

read more... 25/02/2020

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Daily (21.02.2020): German spot power down 15% on Thursday due to higher wind output, lower demand

Crude oil futures edged higher on Thursday after an EIA report showed U.S. crude inventories rose less than expected last week. However, gains were capped by worries about the outbreak of coronavirus outside China.

read more... 21/02/2020

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Daily (18.02.2020): Carbon prices above the €25-threshold amid a bullish wider energy complex

Crude oil futures edged higher on Monday as the coronavirus-related demand worries have been offset by output cuts from major oil producers. Brent crude rose by 35 cents, or 0.6% to settle at $57.67 a barrel. U.S WTI crude increased by 0.5% to end at $52.31 a barrel. However, trading volumes were thin due to the U.S. Presidents’ Day holiday.

read more... 18/02/2020

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Daily (17.02.2020): Oil posts the first weekly gain since early January on potential OPEC further output cuts

Crude oil futures rebounded on Friday amid easing concerns over the impact of the lethal coronavirus outbreak on the global energy demand. Meanwhile, prices got some support from signals that OPEC and its allies may intervene to prop up the market.

read more... 17/02/2020

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Daily (14.02.2020): Brent up 1% on Thursday on prospects for deeper supply cuts

Crude oil futures edged higher for the third day in a row on Thursday, as the likelihood of deeper OPEC+ supply reductions offset forecasts for a declining demand due to the coronavirus spread. Brent crude for April delivery rose by 55 cents, or 1%, to settle at $56.34 a barrel on ICE London. U.S. WTI crude firmed by 25 cents, or 0.5%, to end at $51.42 a barrel on NYMEX.

read more... 14/02/2020

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