Latest news
Daily (04.08.2021): Weaker carbon prices weighed on the energy complex on Tuesday
Oil prices slipped on Tuesday as surging cases of the Delta coronavirus variant outweighed expectations for another weekly draw in U.S. inventories. Hence, Brent crude lost 0.7% to settle at $72.41 a barrel. Meanwhile, U.S. WTI crude declined by 1% to close at $70.56 a barrel.
read more... 04/08/2021
.png)
Daily (03.08.2021): European spot electricity prices skyrocketed by over 200% on Monday amid expectations of low wind
Crude oil prices fell for the second day in a row on Monday as highly contagious Delta variant of coronavirus sparked new mobility restrictions around the world, raising worries about demand recovery. Higher crude output from OPEC producers put further downward pressure on crude prices. Hence, Brent crude shed by 4.9% to settle at $72.58 a barrel. U.S. WTI crude ended 3.6%, lower at $71.26.
read more... 03/08/2021
Daily (02.08.2021): Carbon EUAs lost 1.3% on Friday, amid declining investor interest on the market
Crude oil prices strengthened slightly on Friday, supported by positive data on demand for black gold from the US Energy Information Agency (EIA). Hence, Brent oil edged 0.4% higher at $76.33 a barrel and WTI crude gained 0.5% to $73.95 a barrel.
read more... 02/08/2021
Daily (30.07.2021): British gas prices surged to record highs on Thursday as supply picture in Europe remains tight
Crude oil prices continued to increase on Thursday, marking another settlement at the highest in over two weeks after U.S. government data revealed a weekly drawdown in domestic crude, gasoline and distillate inventories. Hence, Brent crude soared by 1.8% to settle at $76.05 a barrel. U.S. WTI crude increased by 1.7% to close at $73.62 a barrel.
read more... 30/07/2021
Daily (29.07.2021): UK Gas prices on the forward curve hit record highs over 100p/th on Wednesday, tracking higher oil and carbon markets
Oil prices strengthened slightly on Wednesday, following a drop in US crude reserves. Gains, however, were limited by continued worries over the Covid pandemic. Brent oil edged 0.4% higher to $74.74 a barrel and WTI crude increased by 1% to $72.39 a barrel.
read more... 29/07/2021