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Daily (29.05.2018): French day-ahead power price soared by around 40% on Monday on strong carbon emissions rights market
Oil prices continued their bearish trend on Monday as Saudi Arabia and Russia announced they might boost supplies, while U.S. production gains are not slowing. Brent crude lost $1.14, or 1.5%, to end at $75.30 a barrel. WTI futures closed $1.36, or 2%, down at $66.52 a barrel.
read more... 29/05/2018
Daily (25.05.2018): European carbon prices jumped by 1.8% to new seven-year highs on Thursday
Oil prices declined to largest one-day drop in two weeks on Thursday, on expectations that OPEC could gradually end an output deal due to concerns related to supplies from Venezuela and Iran. Brent crude lost $1.01, or 1.3%, to end at $78.79 a barrel. WTI futures dropped by $1.13, or 1.6%, to close at $70.71 a barrel.
read more... 25/05/2018
Daily (23.05.2018): European carbon prices soared by 2.4% on Tuesday to hit new seven-year peaks
Oil prices were mixed on Tuesday. Brent futures rose close to $80 a barrel level on Tuesday, adding $0.35, or 0.4%, on concerns that decreasing Venezuelan crude output and a potential decline in Iranian exports could further reduce global supply. Brent crude settled at $79.57 a barrel. WTI futures slightly fell due to expectations that OPEC may raise supplies as early as June, to settle at $72.20 a barrel.
read more... 23/05/2018
EIA: U.S. remains the world’s top producer of petroleum and natural gas hydrocarbons
The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high. The United States has been the world's top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and the world's top producer of petroleum hydrocarbons since 2013, when U.S. production exceeded Saudi Arabia’s. Since 2008, U.S. petroleum and natural gas production has increased by nearly 60%.
read more... 23/05/2018
Daily (18.05.2018): French day-ahead power price jumped by 13.2% on Thursday on rising coal and carbon prices
Oil prices were almost flat on Thursday. Brent futures reached an intraday high of $80.50 a barrel due to a stronger dollar, but finally ended at $79.30 a barrel. WTI crude was constant at $71.49 a barrel.
read more... 18/05/2018