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Daily (16.09.2022): Oil prices declined on Thursday hitting a one-week low
A potential agreement to prevent a rail strike in the United States, forecasts for weaker global demand, and sustained U.S. dollar strength ahead of a possibly significant interest rate increase contributed to Thursday's decline in oil prices, which hit a one-week low. Thus, Brent crude settled 3.5% lower at $90.84 a barrel. WTI crude fell by 3.8% to $85.10.
read more... 16/09/2022
Daily (15.09.2022): EUAs increased on Wednesday as Brussels unveiled plans to reform the energy market
Oil prices increased on Wednesday as global energy analysts forecasted a rise in gas-to-oil change due to to high prices this winter despite the weaker demand outlook. Thus, Brent crude settled 1% higher at $94.10 a barrel, while WTI crude rose by 1.3% to end at $88.48.
read more... 15/09/2022
Daily (14.09.2022): Oil prices retreated on Tuesday, as concerns about the state of the global economy continue to dominate on the market
Crude oil prices declined, snapping a three-day rebound on Tuesday as U.S. consumer prices unexpectedly rose in August. Hence, Brent crude for November delivery settled 0.9% lower at $93.17 a barrel. U.S. WTI crude for October delivery lost 0.5%, to end at $87.31 a barrel.
read more... 14/09/2022
Daily (13.09.2022): Carbon prices rebounded sharply on Monday as the market reacted to an unexpectedly strong auction result
Crude oil prices rebounded on Monday amid growing supply worries as winter approaches. However, the overall global economic concerns about a recession continue to limit the uptrend. Brent crude futures increased by $1.16, or 1.3%, to settle at $94.00 a barrel. U.S. WTI crude rose by 99 cents, or 1.1%, to close at $87.78 a barrel.
read more... 13/09/2022
Daily (12.09.2022): EUAs fell to a new six-month low on Friday
Oil prices increased by nearly 4% on Friday due to supply reductions. As such, Brent crude settled at $92.84 a barrel. WTI crude closed at $86.79.
read more... 12/09/2022