Latest news
Daily (25.06.2024): EUAs declined on Monday, hitting an 8-week low amid stable gas market and milder weather
Oil prices climbed on Monday, buoyed by hopes of stronger demand in the United States, which is betting on a drop in crude inventories over the summer, and by geopolitical risks. As a result, Brent crude increased by 1%, settling slightly above $86 a barrel, while WTI crude gained over 1% to end at $81.63.
read more... 25/06/2024
Daily (24.06.2024): Gas prices dropped on Friday on the back of easing supply concerns
On Friday, oil prices retreated, weighed by a strong dollar and weakening economic activity in the Eurozone. Nonetheless, investors remain vigilant about the geopolitical risks in the Middle East. Hence, Brent crude edged 0.6% lower, reaching $85.24 a barrel. WTI crude slipped by about 0.7% to settle at $80.73.
read more... 24/06/2024
.jpg)
EU sanctions target Russian gas for the first time, diplomats say
European Union countries agreed on a 14th package of sanctions against Russia over its war in Ukraine, diplomats said on Thursday, including their first restrictions on Russian gas.
read more... 21/06/2024
Daily (18.06.2024): Front-year power contracts posted sharp losses on Monday, tracking bearish gas prices
Oil prices surged to their highest closing levels in over a month as investors became more optimistic about the demand outlook. Hence, Brent crude rose by 2% to settle at $84.25 a barrel, while WTI crude reached $80.33, increasing by 2.4% day-on-day.
read more... 18/06/2024
Daily (12.06.2024): Gas prices fell on Tuesday as bearish fundamentals outweighed unplanned outages
Oil prices rose for the fourth time in five trading days as investors anticipated that last week’s decline was overdone and expected a surge in demand during the summer. Hence, Brent crude edged about 0.4% higher at $81.92 per barrel, while WTI crude closed 0.2% up at 77.90 per barrel.
read more... 12/06/2024