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Daily: European carbon plunges to six-week low on weak German power
Brent crude increased by more than $1, while WTI crude futures by more than 42 dollars on Tuesday, spurred by OPEC output cut forecast, as well as by weakening dollar and news that Libya had reduced production after rockets hit an area near the Zawiya refinery. Brent crude for November delivery boosted $1.17 to close at $99.05 a barrel. The front-month U.S. October crude rose $1.96 to settle at $94.88 a barrel.
read more... 17/09/2014
Daily: European spot power prices declined as a result of lower demand and higher wind production
Brent crude fell below $98 a barrel on Friday, heading for its worst week in six as worries over lower demand offset geopolitical concerns in the Middle East and Ukraine.
read more... 12/09/2014
Daily: Nordic spot power prices have increased on lower wind electricity production
Brent crude remained stable below $103 a barrel on Tuesday, with a new conflict in OPEC oil producer Libya balanced by worries of slowing oil demand increase because of weak economic improvements in China and Europe.
read more... 02/09/2014
Daily: European power prices jump on solar energy production decline
Brent crude dropped on Thursday on expectations of plentiful supply weighed on prices. Brent crude for October delivery has been incapable to break through the $102-$103 range this week, just off a 14-month low reached previous week. WTI crude remained unchanged at $93.88 a barrel.
read more... 29/08/2014
Daily: European prompt power prices jump on weak renewable energy production
Brent crude oil increased on Monday, while WTI crude dropped amid light trading, as geopolitical tensions in Ukraine and in Libya help offset plentiful supplies and expected weak demand after a set of pessimistic economic data from the United States and Europe. Brent crude augmented 36 cents to close at $102.65 a barrel, after hitting a 14-month low of $101.07 on August 19. U.S. crude slipped 30 cents to settle at $93.35 a barrel.
read more... 26/08/2014