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Daily (29.12.2017): German spot power price tumbled by 36% on forecasts of higher wind generation and lower demand

Oil prices rose on Thursday, staying close to 2-1/2-year peaks after data indicated strong demand for crude imports in China and on increased U.S. refining activity that drew more crude from inventories.

read more... 29/12/2017

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The largest natural gas storage unit in the UK to close

The U.K. consented to a demand from the operators directed to close the old Rough Natural Gas Storage unit. The facility is situated in the North Sea and is the biggest one in the British state.

read more... 15/12/2017

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Daily (12.12.2017): UK spot gas price rose 11% on colder weather and higher demand

Oil prices increased on Monday, overcoming declines early in the session, after a North Sea pipeline was closed for repairs and investors concentrated on commodities following an explosion in New York. Brent crude futures ended $1.29, or about 2 percent, higher at $64.69 a barrel.

read more... 12/12/2017

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Daily (11.12.2017): EU carbon prices slumped by around 3% to their lowest level in five weeks on Friday

Oil prices surged by almost 2 percent on Friday, buyout by increasing Chinese crude demand and threats of a strike in Africa's biggest oil exporter. Brent crude closed $1.20, or 1.9 percent, up at $63.40 a barrel. Meanwhile, WTI crude prices rose 1.2% to settle at $57.36 a barrel.

read more... 11/12/2017

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Daily (07.12.2017): WTI crude futures dipped by 2.9% on higher U.S. inventories of refined products

Oil prices slumped on Wednesday after an unexpected increase in U.S. inventories of refined products that suggested demand might be weakening. Brent crude futures were down $1.64, or 2.6%, at $61.22 a barrel, after reaching a session peak of $62.93. Meanwhile U.S. crude futures dropped $1.66, or 2.9%, to close at $55.96.

read more... 07/12/2017

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