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Daily (24.07.2024) : Oil prices fell on Tuesdays as ceasefire talks ease supply concerns
Oil prices continued to decline on Tuesday amid an uncertain global demand outlook. Consequently, Brent crude fell by nearly 1.7%, closing at $81.01 a barrel, while WTI crude dropped just below 2%, settling at $76.96 a barrel.
read more... 24/07/2024
Daily (23.07.2024): European carbon prices fell to a 14-week low amid bearish fundamentals
Oil prices continued to decrease on Monday amid talks of a ceasefire in Gaza. As a result, Brent crude decreased by nearly 0.3%, closing at $82.40 a barrel, while WTI crude lost over 2%, settling at $78.40 a barrel.
read more... 23/07/2024
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Daily (22.07.2024) Energy prices declined on Friday amid a global IT outage that disrupted trading activities
Oil prices fell on Friday due to China's faltering economy and a major computer crash. As a result, Brent crude decreased by 3%, closing at $82.63 a barrel, while WTI crude lost more than 3%, settling at $80.13 a barrel.
read more... 22/07/2024
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Daily (19.07.2024): European spot electricity prices dropped on Thursday following a surge in wind power
Oil prices rose on Thursday, influenced by OPEC's optimistic outlook for a market turnaround despite a bleak outlook for China. Thus, Brent crude gained 0.4%, closing at $85.45 a barrel. WTI crude increased by 0.7%, settling at $83.45 a barrel.
read more... 19/07/2024
Daily (18.07.2024) Partial restart of US Freeport LNG drives gas prices down
Oil prices edged higher on Wednesday, influenced by the lower US crude inventories. Thus, Brent crude gained over 1.6% closing at 85.08$ a barrel. WTI crude increased by just under 2.6% to set at 82.85$ a barrel.
read more... 18/07/2024