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Daily (24.05.2022): European carbon prices extended losses to 5-week low on Monday amid weak auctions, uncertainty over reform

Oil prices settled marginally higher on Monday as fears of a future recession competed with the prospect of stronger fuel demand due to the forthcoming summer driving season in the United States and Shanghai's preparations to reopen after a two-month coronavirus quarantine. Hence, Brent crude rose by 87 cents, or 0.7%, to $113.42 a barrel. U.S. WTI crude steadied at $110.29 per barrel.

read more... 24/05/2022

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(Daily 23.05.2022): EUA prices fell to their lowest level in a month on Friday in the wake of the EU decision to release more allowances

Oil prices increased modestly on Friday due to strong demand and increased supply concerns, as Europe continues to restrict Russian oil. As a result, Brent crude gained 0.5% to end at $112.55 a barrel.

read more... 23/05/2022

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(Daily 20.05.2022): EUA prices falling to their lowest level since April 28

Oil prices rebounded on Thursday after two days of losses, back by dollar weakness and expectations that China could ease export curbs, boosting demand. As a result, Brent crude rose by 2.7% to $112.04 per barrel.

read more... 20/05/2022

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Daily (19.05.2022): Oil prices lost 2.5% as U.S. refiners ramp up output

Oil prices fell on Wednesday, after government data showed U.S. refiners ramped up output, while equities fell. Consequently, Brent crude dropped by 2.5% to $109.11 a barrel, and WTI crude oil fell by 2.5% to $109.59 a barrel.

read more... 19/05/2022

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(Daily 18.05.2022): EUA prices rose by 2.4% after the approval of a higher 2030 reduction target

After hitting seven-week highs on Monday, oil prices fell by 2% on Tuesday as the US could lift certain restrictions on Venezuela's government. Brent crude ended 2% lower at $114.24 a barrel on Tuesday.

read more... 18/05/2022

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