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Daily (16.02.2021): NBP gas for March21 delivery fell by 7% on Monday amid mild weather outlooks and high LNG supply
Crude oil prices extended gains on Monday, supported by renewed optimism over the outlook for global demand amid Covid-19 vaccine rollout. Hence, Brent crude rose by 1.4% to $63.30 a barrel and WTI oil ended 1.1% up at $60.14 a barrel.
read more... 16/02/2021
Daily (15.02.2021): Oil prices soared by 2% on Friday, despite bleak demand outlook
Crude oil prices rebounded sharply on Friday to hit 13-month highs. Despite a weak demand outlook reported by the International Energy Agency (IEA) and OPEC, both Brent crude and WTI oil surged by 2.1% to settle at $62.43 and $59.47 a barrel, respectively.
read more... 15/02/2021
Daily (12.02.2021): Energy prices retreated on Thursday after hitting record highs
Crude oil prices edged lower on Thursday following the downward revision of the global demand outlook from the International Energy Agency (IEA). Consequently, Brent oil slipped by 0.5% to $61.14 a barrel, while WTI crude lost 0.8% to trade at $58.24 a barrel.
read more... 12/02/2021
Daily (11.02.2021): Carbon prices above €39-mark, German spot power at 2-year high on Wednesday
Wednesday saw another session of growth for crude oil prices, as the weekly EIA report showed a drop in US crude stocks, while global demand is slowly increasing. As such, both Brent and WTI crude gained 0.6% to settle at $61.47 a barrel and $58.68 a barrel, respectively.
read more... 11/02/2021
Daily (10.02.2021): Oil prices at 13-month highs on Tuesday amid supportive factors on the supply and demand side
Crude oil futures continued their rally, to hit their highest levels in 13 months on Tuesday, driven by a series of encouraging factors on the supply and demand side. A weaker dollar provided further support to oil prices. Hence, Brent crude rose by 53 cents, or 0.9%, to settle at $61.09 a barrel. U.S. WTI crude added 39 cents, or 0.7%, to close at $58.36 per barrel. Both contracts had hit their highest since January 2020 after having risen for six straight sessions.
read more... 10/02/2021