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Daily (07.07.2017): EU carbon prices jumped by 4% to hit one-month high on Thursday
Oil rose on Thursday, recovering some ground as the data from the American Petroleum Institute on Wednesday showed U.S. crude inventories fell more sharply than expected. Also, weekly inventory figures from the U.S. EIA confirm a heavy drop in crude stocks. Traders consider that there is a potential for oil prices to rise much higher. Brent crude jumped by almost 0.7% to end at $ 48.11 a barrel, while the WTI price soared increased by 0.9% to $45.52 a barrel.
read more... 07/07/2017
Daily (23.06.2017): Oil prices jumped by around 1% on Thursday after a volatile week
Oil edged up on Thursday, as U.S. crude inventories fell surpassing analyst expectations, according to data released by EIA on Wednesday. But oversupply persisted, particularly with rising oil production in Libya and Nigeria.
read more... 23/06/2017
Daily (19.06.2017): British prompt gas prices unexpectedly rose by around 19% on Friday
Oil prices edged up on Friday but the market is still bullish. Rising U.S. oil output has undermined the impact of OPEC-led cuts. Data from the U.S. EIA showed growing gasoline stocks and low demand, despite the peak summer driving season.
read more... 19/06/2017
Daily (04.05.2017): Oil prices rose as US stockpiles fell less than expected
Oil prices slightly rose on Wednesday as EIA announced that weekly crude stocks reduced less than half of the forecasted value.
read more... 04/05/2017
EIA: US shale oil production to soar by 80,000 barrels a day in March
The EIA forecasts U.S. shale oil production to rise in March at the highest pace since May last year, given that energy companies are increasing their drilling activities, taking advantage from crude prices hovering over $50 a barrel.
read more... 14/02/2017