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Daily (19.06.2018): French spot power contract gained 26% on Monday, due to higher air conditioner demand

A looming trade dispute between U.S. and China buoyed oil prices on Monday. Furthermore, Brent crude jumped by 2.6% to $75.34 a barrel, ahead of the OPEC meeting this week aimed at raising global crude supply. WTI crude hiked by 1.2% to $65.85 a barrel.

read more... 19/06/2018

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Daily (14.06.2018): NBP day-ahead gas price jumped by 3.4% on Wednesday due to an undersupplied system

Increased demand in fuel consumption in the United States and lower crude inventories boosted oil prices on Wednesday. Brent crude futures rose by 1.1% to settle at $76.74 a barrel. U.S. West Texas Intermediate (WTI) crude futures added 28 cents, or 0.4%, to $66.64 a barrel.

read more... 14/06/2018

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Daily (13.06.2018): Brent crude settled 0.8% lower on Tuesday ahead of OPEC meeting on the 22nd of June

Predictions that voluntary output reductions led by OPEC might be eased weighed down on Brent crude on Tuesday, which closed 0.8% lower at $75.88 a barrel. OPEC warned about downside risks to demand in the last quarters of the 2018, stating that oil market outlook is uncertain.

read more... 13/06/2018

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Daily (04.06.2018): The French day-ahead power price tumbled by 38.7% on Friday due to lower demand

Oil prices fell on Friday, after U.S. President Donald Trump's declaration on trade boosted the dollar, reducing greenback-denominated commodities, including crude. Brent futures lost $0.8, or 1%, to end at $76.79 a barrel. WTI crude dropped by $1.23 a barrel to end at $65.81 a barrel.

read more... 04/06/2018

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LNG demand in Asia is most likely to absorb supply

A decline in liquefied natural gas (LNG) price was expected as new projects coming online boost supply.

read more... 27/04/2018

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