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Daily (13.03.2020): Travel restrictions due to the coronavirus pandemic sent Brent crude to $33.22 a barrel and EUAs below the 23-euro level

Crude oil futures ended sharply lower on Thursday after President Donald Trump imposed travel from Europe to the U.S. in an effort tackle the coronavirus pandemic.

read more... 13/03/2020

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Daily (12.03.2020): British gas prices mostly bullish due to a stronger consumption, lower LNG send-out

Crude oil futures fell on Wednesday as Saudi Arabia and the United Arab Emirates have announced their intention to drastically increase their production of black gold at a time when demand is weakened by the spread of the coronavirus worldwide. Meanwhile, the World Health Organization declared the coronavirus an international pandemic.

read more... 12/03/2020

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Daily (11.03.2020): Oil, stuck between coronavirus and price war, sharply recovered on Tuesday as Russia is open to renew cooperation with OPEC

Crude oil futures rebounded on Tuesday after having hit the worst session since 1991the previous day as ongoing talks between OPEC and Moscow remain possible.

read more... 11/03/2020

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Daily (09.03.2020): Brent crude records the biggest daily loss since 2008 after OPEC deal collapses

Crude oil futures plunged on Friday after the disintegration of the OPEC+ alliance led to an all-out price war between Saudi Arabia and Russia that is likely to have political and economic consequences.

read more... 09/03/2020

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Daily (06.03.2020): Brent crude below $50 a barrel on Thursday as non-OPEC producers not yet ready to further cut output

Crude oil futures continued to decline on Thursday as worries about global oil demand and slower economic growth caused by the coronavirus outbreak were heightened by concerns that non-OPEC crude producers haven’t yet agreed to further reduce output in order to support prices.

read more... 06/03/2020

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