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Daily (15.03.2021): Carbon prices rose on Friday to float around a new record of €43
Crude oil prices edged lower on Friday, weighed by concerns on rising interest rates and the gradual restart of refineries. Hence, both Brent and WTI oil slipped by 0.6% to close at $69.22 a barrel and $65.61 a barrel, respectively.
read more... 15/03/2021
Daily (12.03.2021): European power spot prices at their lowest level since December, driven by strong wind generation
Oil prices soared on Thursday, fuelled by upbeat forecasts for global economic growth published earlier in the week. Furthermore, a weaker dollar and a fall in U.S. gasoline inventories also lent support to the market. Brent crude gained 2.6 %, or $1.73 to settle at $69.63 a barrel. At the same time, the American WTI crude, rose by 2.5%, or $1.58 to end at $66.02 a barrel.
read more... 12/03/2021
Daily (11.03.2021): NBP price for front-month delivery gained 5% on Wednesday due to cold weather forecasts
Crude oil prices edged higher on Wednesday, as the EIA’s weekly report showed continued disruptions in US oil production following February’s cold wave. Hence, Brent crude rose by 0.6% to $67.90 a barrel and WTI oil was 0.7% up at $64.44 a barrel.
read more... 11/03/2021
Daily (10.03.2021): Carbon prices hit new highs above 40EUR amid bullish equities and energy markets
Oil crude futures retreated on Tuesday, influenced by expectations of a rise in US crude inventories. Furthermore, stronger dollar coupled with a possible increase in Libya oil production also pressured the prices. Hence, Brent crude fell by 1.1%, or $0.72 to settle at $67.52 a barrel. At the same time, US WTI crude lost 1.6% or $1.04, to end at $64.01 a barrel.
read more... 10/03/2021
Daily (09.03.2021): European power prices surged on Monday amid mild weather and low renewables generation
Crude oil prices oscillated on Monday, rising on reports of an attack on Saudi Arabia's oil facilities, but dropping later as the country stated that production remained unaffected. Consequently, both Brent and WTI oil fell by 1.6% to settle at $68.24 a barrel and $65.05 a barrel, respectively.
read more... 09/03/2021