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Daily (02.09.2022): EUAs remained near five-week lows on Thursday due to fears about demand and an increase in supply this month
Oil prices fell on Thursday on worries that rising inflation and interest rate increases are reducing the fuel usage. The trend was exacerbated by more COVID-19 lockdowns measures in China. The price of a barrel of Brent crude oil settled at $92.36, down by 4.3%. WTI crude ended 3.3% lower at $86.61.
read more... 02/09/2022
Daily (01.09.2022): UK gas prices hit a 13-day low on Wednesday as storage injection goals completed earlier
Oil prices fell on Wednesday due to concerns that the global economy would slow down much further. As a result, Brent crude oil declined by 2.8% to settle at $96.49 a barrel. WTI crude fell by 2.3% to $89.55 a barrel.
read more... 01/09/2022
Daily (31.08.2022): Gas prices fell sharply on Tuesday as storage replenishment improved considerably
Crude oil prices lost ground on Tuesday in a volatile week, as markets continue to fear a global recession and demand is declining. On the other side, Saudi Arabia urges OPEC+ to cut more supply which could support the market later on. Nevertheless, Brent and WTI crude traded 5.5% lower at $99.31 a barrel, and $91.64 respectively.
read more... 31/08/2022
Daily (30.08.2022): The power prices for delivery in 2023 fell in France and Germany due to high gas storage levels ahead of winter
Crude oil prices extended gains on Monday amid potential OPEC+ output cuts and conflict in Libya. Brent crude soared by 4.1% to settle at $105.09 a barrel. U.S. WTI crude increased by 4.2%, to close at $ 97.01 a barrel.
read more... 30/08/2022
Daily (29.08.2022): German and French power contracts hit new records!
U.S. Federal Reserve's warnings about imminent economic hardship and Saudi Arabia's signals that OPEC will restrict output supported oil prices. As a result, Brent crude oil increased by 1.7% to reach $100.99 a barrel in a volatile trading on Friday, while WTI rose by 0.6% to reach $93.06 a barrel.
read more... 29/08/2022