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Daily (19.02.2020): NBP spot soared by 2.8% on Tuesday due to weak LNG supply
Oil prices were almost unchanged on Tuesday in a market still concerned about the coronavirus epidemic and its economic consequences. Brent crude for April delivery rose by 8 cents, or 0.14%, to end at $57.75 per barrel. On the other side, WTI crude slipped by 0.5% to settle at $52.05 per barrel.
read more... 19/02/2020
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
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
Daily (13.02.2020): EUAs tested the €24-level on Wednesday amid a strong auction in Poland, a bullish energy complex
Crude oil futures soared on Wednesday as signs that the spread of China’s coronavirus may be easing increased investors’ confidence. Brent crude for April delivery rose by $1.78, or 3.3%, to settle at $55.79 per barrel. U.S. WTI crude gained $1.23, or 2.5%, to close at $51.17.
read more... 13/02/2020
Daily (28.01.2020): Oil declined further by over 2% on increased worries about the coronavirus impact
The anxiety over the global economic impact of a deadly virus sent oil prices more than two percent lower on Monday. Brent crude for March delivery slipped $1.37, or 2.3%, to settle at $59.32 a barrel, the lowest level since Oct. 21. U.S. WTI crude ended at $53.14 a barrel, down $1.05, or 1.9%, its lowest level since Oct. 2.
read more... 28/01/2020