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Daily (27.09.2019): European carbon prices jumped by 1.7% on Thursday amidst bullish technical signs

Crude oil prices were mixed on Thursday. Brent crude inched up by 0.6% to $62.74 a barrel, following Donald Trump’s affirmation that a deal between China and U.S. could happen sooner than expected. Meanwhile, sluggish economic data in major European economies and Japan, as well as a faster-than-anticipated recovery of Saudi output after the recent attacks sent WTI futures 0.1% down at $56.41 a barrel on Thursday.

read more... 27/09/2019

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Daily (26.09.2019): NBP spot tumbled by 6.7% on Wednesday weighed by robust LNG send-outs

Oil prices extended losses on Wednesday, after an unexpected rise in U.S. crude stockpiles and a faster-than-awaited recovery of Saudi Arabia’s oil production. A rally in the dollar index, which moves inversely with oil, also put pressure on crude futures. As a result, WTI futures dropped by 1.4% to 56.49 USD/bbl, while Brent crude ended 1.1% lower at 62.39 USD/bbl.

read more... 26/09/2019

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Daily (25.09.2019): Crude oil prices fell over 2.3% on Tuesday, due to pessimistic China-U.S. negotiations and weaker global demand

Oil prices fell on Tuesday to their lowest levels since September 14, after U.S. president Donald Trump accused China of unfair trade practices. The decline in stock markets and lower manufacturing activity in Europe also weighed on prices. Hence, Brent crude decreased by 2.6% to close at $63.10 a barrel, while WTI futures lost 2.3% to end at $57.29 a barrel.

read more... 25/09/2019

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Daily (24.09.2019): European day-ahead power prices soared by almost 40% due to weaker renewables output and colder weather

Oil prices stabilized on Monday, after gaining 7% last week, following the declaration of Saudi Arabia to restore full output by next week. Brent crude rose by 0.8% to close at $64.77 a barrel, while WTI futures surged by 1% to end at $58.64 a barrel.

read more... 24/09/2019

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Daily (23.09.2019): NBP spot rose by nearly 4% on Friday, on expectations for colder weather and reduced gas flows to Europe

Crude oil prices edged lower on Friday, as investors are worried about the trade war between U.S. and China. Hence, Brent crude traded 0.2% down at $64.28 a barrel, while WTI futures slipped by 0.1% to $58.09.

read more... 23/09/2019

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