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Daily (23.12.2021): European carbon prices lost around 5% on Wednesday, amid volatile trading and bearish energy markets
Crude oil prices recorded a second consecutive increase on Wednesday, supported by a lower-than-expected drop in US crude stocks. Thus, Brent oil gained 1.8% at $75.29 a barrel and WTI crude surged by 2.3% to $72.76 a barrel.
read more... 23/12/2021
Daily (22.12.2021): European Cal’22 electricity prices reached stunning levels on Tuesday amid bullish gas prices, French nuclear issues
Crude oil prices rebounded on Tuesday amid improved risk appetite, but investors remained cautious about the Omicron coronavirus variant. Brent crude soared by $2.46, or 3.4%, to settle at $73.98 a barrel. U.S. WTI crude increased by $2.51, or 3.7%, to end at $71.12 a barrel.
read more... 22/12/2021
Rosneft sets net-zero emissions by 2050 target
Russia's largest crude producer Rosneft announced Dec. 21 its commitment to achieve carbon neutrality by 2050, bringing forward some of its previous targets to reduce emissions.
read more... 22/12/2021
Daily (21.12.2021): European spot electricity prices skyrocketed on Monday amid cold weather, weak renewable output
Crude oil prices opened the week bearishly amid new lockdown measures taken by several countries to battle the Omicron mutation. Hence, Brent crude shed by 2.7% to settle at $71.52 a barrel. U.S. WTI crude droped by 2.7% to close at $68.61 a barrel.
read more... 21/12/2021
Daily (20.12.2021): European carbon prices lost nearly 14% on Friday, on liquidated market positions ahead of the Dec21 EUA expiry
Crude oil prices ended lower on Friday, weighed by concerns over demand for black gold amid a rising number of Covid-19 Omicron variant infections. Consequently, Brent oil dropped by 2% to $73.52 a barrel and WTI crude fell by 2.1% to $70.86 a barrel.
read more... 20/12/2021