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Daily (05.01.2018): WTI crude rose 0.6% to the highest level in 3 years
Oil rose above $68 a barrel to its highest since December 2014 on Thursday after conflicts in Iran raised concerns about supply risks, with support also coming from OPEC-led production cuts and demand-boosting cold weather in the US. Brent crude ended 23 cents, or 0.3%, at $68.07 a barrel. Meanwhile, U.S. crude increased 4 cents to $61.67 and also touched its highest since May 2015.
read more... 05/01/2018
Daily (29.12.2017): German spot power price tumbled by 36% on forecasts of higher wind generation and lower demand
Oil prices rose on Thursday, staying close to 2-1/2-year peaks after data indicated strong demand for crude imports in China and on increased U.S. refining activity that drew more crude from inventories.
read more... 29/12/2017
The largest natural gas storage unit in the UK to close
The U.K. consented to a demand from the operators directed to close the old Rough Natural Gas Storage unit. The facility is situated in the North Sea and is the biggest one in the British state.
read more... 15/12/2017
Daily (12.12.2017): UK spot gas price rose 11% on colder weather and higher demand
Oil prices increased on Monday, overcoming declines early in the session, after a North Sea pipeline was closed for repairs and investors concentrated on commodities following an explosion in New York. Brent crude futures ended $1.29, or about 2 percent, higher at $64.69 a barrel.
read more... 12/12/2017
Daily (11.12.2017): EU carbon prices slumped by around 3% to their lowest level in five weeks on Friday
Oil prices surged by almost 2 percent on Friday, buyout by increasing Chinese crude demand and threats of a strike in Africa's biggest oil exporter. Brent crude closed $1.20, or 1.9 percent, up at $63.40 a barrel. Meanwhile, WTI crude prices rose 1.2% to settle at $57.36 a barrel.
read more... 11/12/2017