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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
Daily (27.04.2018): German year-ahead power price rose by 1.7% on Thursday backed by gains in related coal and carbon markets
Oil prices rose on Thursday, as United States are likely to re-introduce sanctions against Iran. Markets were also backed by a decline in Venezuela oil output and ongoing strong demand. Brent crude added $0.74, or 1%, to end at $74.74 a barrel. WTI futures closed 0.2% higher at $68.19 a barrel.
read more... 27/04/2018
Daily (23.04.2018): Oil prices rose by 0.4% to reach almost 3-Year peaks as strong demand reduced supplies
Oil prices were bullish on Friday to hit almost three-year peaks as prolonging OPEC-led supply cuts and strong demand gradually diminished excess supplies. Brent futures added $0.28, or 0.4%, to $74.06 per barrel. WTI crude edged 0.2% higher to $68.40 a barrel. Oil prices were bullish on Friday to hit almost three-year peaks as prolonging OPEC-led supply cuts and strong demand gradually diminished excess supplies. Brent futures added $0.28, or 0.4%, to $74.06 per barrel. WTI crude edged 0.2% higher to $68.40 a barrel.
read more... 23/04/2018
Daily (10.04.2018): NBP spot gas price hiked by more than 2% due to declining wind generation and higher demand
Oil prices rose on Monday, supported by a recovery in the stock market as worries over a trade war between the United States and China eased. Brent crude added $1.54, or 2.3%, to close at $68.65 a barrel. WTI futures surged by 2.2% to settle at $63.42 a barrel.
read more... 10/04/2018
Daily (09.04.2018): Milder weather and low demand made German day-ahead power contact to plunge by 53.2%
Oil prices declined on Friday as tensions in trade war between U.S. and China strengthened, following U.S. President’s threats to impose new tariffs on China.
read more... 09/04/2018