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Daily (10.09.2018): Carbon contracts posted a 10% weekly gain on Friday
Friday saw a steady evolution in oil prices, with U.S. crude dropping on weak global equity markets, while Brent saw an upward trend due to geopolitical factors, including violent protests in the southern Iraqi city of Basra. Brent crude price rose by 0.4% to close at $76.83 a barrel, resulting in a 0.8% decrease for the week. In spite of the fact that Iraqi protesters entered a 400,000 barrel per day oilfield facility operated by Lukoil and held two staff members hostage, WTI crude insignificantly slipped to trade at $67.75 a barrel.
read more... 10/09/2018
Daily (07.09.2018): Carbon Contracts gained more than 5% on Thursday, due to limited allowance supply
Oil crude prices extended losses on Thursday, on worries about China’s demand amid growing trade disputes. Moreover, gasoline and distillate stocks at Cushing, Oklahoma delivery hub were at their highest level in four years, pressuring prices. Brent crude decreased by 1% to close at $76.50 a barrel, while WTI crude slumped by 1.4% to $67.77 a barrel.
read more... 07/09/2018
Scotland to step up its investments in clean energy
Scotland has announced it is stepping up its investments in clean energy to become a high-innovation, low carbon economy.
read more... 07/09/2018
Daily (28.08.2018): Europe power prices on the curve hit new peaks on Monday, following bullish carbon markets
Worries that ongoing trade tensions between China and U.S. would lead to a demand reduction, boosted oil prices on Monday. Nevertheless, a rise in OPEC's and Russian output put a cap on prices. Brent crude oil edged 0.5% higher to settle at $76.21 a barrel. WTI crude closed at $68.87 a barrel, or 0.2% higher.
read more... 28/08/2018
Daily (27.08.2018): The 2021-expiry carbon contract hit another 10-year peak at 22.18 euros a tonne on Friday
Oil prices rose on Friday, on signs that Iran sanctions might weigh on global supply, while China's demand for U.S. crude doesn't seem to be affected by trade disputes. Brent crude surged by $1.09, or 1.5%, to settle at $75.82 a barrel. Meanwhile, U.S. crude closed $0.89, or 1.3%, higher at $68.72.
read more... 27/08/2018