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Daily (09.09.2022): Oil prices turned bullish again on Thursday due to forecasts for stronger demand
Oil prices jumped on Thursday, on prediction of strong demand, and export threats with suspension of oil and gas from Russia to some buyers. Consequently, Brent crude surged by 1.3% to $89.15 a barrel, and WTI crude oil soared by 1.9% to $83.54 a barrel.
read more... 09/09/2022
Daily (08.09.2022): Brent crude oil decreased to a 7-month low on Wednesday
The price of crude oil decreased to a 7-month low on Wednesday, influenced by forecasts of weakening demand and flagging global growth. As such, Brent crude settled 5.2% lower at $88 a barrel. WTI crude fell by 5.7% to $81.94.
read more... 08/09/2022
Daily (07.09.2022): Oil prices fell on Tuesday on concerns over waning demand and slowing global growth
The prices of crude oil plunged on Wednesday amid concerns over waning demand and slowing global economic growth. Thus, Brent crude settled 3% lower at $92.83 a barrel. WTI crude edged 2.6% down at $86.88 a barrel.
read more... 07/09/2022
Daily (06.09.2022): EUAs fell to a new six-month low on Monday as traders speculated on EU measures to cap energy prices
Oil prices increased on Monday as OPEC+ members agreed to a modest production cut of 100,000 barrels per day to support prices. Thus, Brent crude oil settled 2.9% higher at $95.74. WTI crude rose by 2.8% to end at $89.24.
read more... 06/09/2022
Daily (05.09.2022): The NBP gas prices decreased sharply on Friday due to strong LNG imports and UK Continental Shelf production
Oil prices rose on Friday as traders anticipated that OPEC+ would discuss output reductions at their meeting on September 5. Gains were however constrained by concerns about China's COVID-19 limitations and the status of the global economy. As a result, WTI crude oil moved up by 0.3% to $86.87, while Brent crude oil closed 0.7% higher at $93.02.
read more... 05/09/2022