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Daily(13.07.2018): NBP spot price fell by 2.5% on Thursday due to expectations for lower demand
Oil prices were mixed on Thursday, spurred by news that the U.S. market has been undersupplied due to the loss of some Canadian oil production. Brent crude surged by 1.4% to $74.45 a barrel. Meanwhile, WTI crude edged 0.1% lower at $70.33 a barrel, as inventories at the Cushing delivery hub had fallen by almost 1M barrels.
read more... 13/07/2018
Electric vehicles could lift UK peak power demand by 5-8 gigawatts by 2030: National Grid
The growing use of electric vehicles could increase peak electricity demand in Britain by between 5 and 8 gigawatts (GW) by 2030, National Grid said on Thursday.
read more... 12/07/2018
Daily (09.07.2018): WTI Crude Surged by 1.2% on Monday due to a decline in U.S. inventories
Oil prices dipped on Friday, as concerns about trade war between China and U.S. weighed down on demand. Brent crude slipped by 0.4% to $77.11 a barrel, while WTI crude surged by 1.2% to end at $73.80 a barrel.
read more... 09/07/2018
Daily (03.07.2018): French day-ahead electricity price jumped by 30.7% on Monday as nuclear reactors were off for maintenance
Oil crude prices surged on Monday, as increased supply from Saudi Arabia and Russia and U.S. sanctions against Iran weighed down on demand. Brent crude slumped by 2.7% to $77.3 a barrel, while WTI crude slipped by 0.3% to $73.94 a barrel.
read more... 03/07/2018
Daily (02.07.2018): WTI crude surged by 1% on Monday to hit a peak since November 2014
Oil prices climbed on Friday as U.S. sanctions against Iran at a time of escalating demand will most likely lead to a decline of crude volumes in the global market. Brent crude traded 2% higher to $79.44 a barrel. WTI crude hiked by 1% to hit its highest since November 2014 at $74.15 a barrel.
read more... 02/07/2018