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Daily (09.06.2017): UK wholesale gas prices rose 3-4% on Thursday on high gas-for-power demand
Crude oil fell for a second consecutive day on Thursday to hit a one-month low after an unexpected increase in U.S. inventories and on growing concerns over an oversupplied market following a rebound in oil production in Libya and Nigeria, which are exempt from OPEC's production cuts.
read more... 09/06/2017
Daily (02.06.2017): British wholesale gas prices fell on Thursday, on lower demand
Oil prices increased on Thursday after a larger-than-expected domestic inventory drawdown, offering some relief amid investor uncertainty that OPEC-led reductions will be sufficient to rebalance an oversupplied market. Brent crude rose by 32 cents, or 0.64%, to settle at $50.63. Meanwhile, U.S. crude futures closed cents higher at $48.36 a barrel.
read more... 02/06/2017
Daily (30.05.2017): French spot electricity prices jumped by almost 45% on Monday
Oil prices advanced slightly on Monday, as increases in U.S. drilling activity have undermined an OPEC-led push to tighten supply.
read more... 30/05/2017
Daily (29.05.2017): European carbon prices climb to their 2-month peak on Friday
Oil prices edged back up on Friday after a sharp decline on Thursday, as oil producers have expressed confidence that the OPEC-led decision will bring down crude oil stocks.
read more... 29/05/2017
Daily (26.05.2017): Oil prices fell sharply by 5% on Thursday after OPEC’s meeting
Oil prices fell sharply on Thursday after an OPEC delegate said the oil producer group had decided to extend cuts in production by 9 months to March 2018. That statement disappointed several investors, who had expected that OPEC might reduce output even further to drain a global glut.
read more... 26/05/2017