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Daily (24.02.2022): European carbon prices jumped by nearly 6% on Wednesday, due to bullish energy markets and tensions at Ukraine border
Oil prices stagnated on Wednesday, as fears of losing Russian crude supply were offset by prospects of returning Iranian oil to the market. Hence, Brent oil closed unchanged at $96.84 a barrel. WTI crude, however, edged slightly higher at $92.10 a barrel.
read more... 24/02/2022
Daily (23.02.2022): European front-year electricity prices jumped over 6% on Tuesday amid fuels rally, Ukraine tensions
Oil prices continued to rise on Tuesday, with Brent crude marking its highest settlement price since 2014 after Russian troops entered eastern Ukraine, raising concerns of disruptions to supply from Europe’s main energy supplier. Hence, Brent crude increased by $1.52, or 1.5%, to settle at $96.84 a barrel. U.S. WTI crude rose by 0.4% to end at $91.91 a barrel.
read more... 23/02/2022
Daily (22.02.2022): Oil prices moved upwards on Monday as Russia-Ukraine tensions escalated
Crude oil prices continued to increase on Monday amid heightening tensions between Russia and Ukraine after Russian President Vladimir Putin recognized Donetsk and Luhansk in Ukraine East as independent states. Hence, Brent crude soared by 2% to settle at $95.39 a barrel. U.S. WTI crude added 0.6% to end at $91.59 a barrel.
read more... 22/02/2022
Daily (21.02.2022): British gas prices were bearish on Friday, on forecasts for milder weather and higher renewables output
Crude oil prices were mixed on Friday, as escalating tensions in the Russia-Ukraine crisis were offset by prospects of returning Iranian crude supply, as talks moved forward on a nuclear deal. As such, Brent oil rose by 0.6% to $93.54 a barrel. At the same time, WTI crude fell by 0.8% to $91.07 a barrel.
read more... 21/02/2022
Daily (18.02.2022): Oil prices fell by about 2% on Thursday amid hopes of more Iranian oil supply
Crude oil prices corrected lower on Thursday amid signs of progress in talks in Vienna to resurrect the Iranian nuclear deal that could pave the way for more crude exports from Iran. Hence, Brent crude fell by $1.84, or 1.9%, to settle at $92.97 a barrel. U.S. WTI crude dropped by $1.90, or 2.0%, to settle at $91.76.
read more... 18/02/2022