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Daily (13.02.2020): EUAs tested the €24-level on Wednesday amid a strong auction in Poland, a bullish energy complex
Crude oil futures soared on Wednesday as signs that the spread of China’s coronavirus may be easing increased investors’ confidence. Brent crude for April delivery rose by $1.78, or 3.3%, to settle at $55.79 per barrel. U.S. WTI crude gained $1.23, or 2.5%, to close at $51.17.
read more... 13/02/2020
Daily (12.02.2020): NBP spot down about 3% on Tuesday as higher renewable generation weighed on gas-for-power demand
Crude oil prices rebounded on Tuesday from the 13-month lows, following a report unveiling that the number of new coronavirus cases in China declined, easing some fears about a weakening demand for black oil.
read more... 12/02/2020
Daily (10.02.2020): European spot power prices plummeted on Friday on strong wind output, weaker demand
Crude oil prices ended on a sour note on Friday, posting a fifth consecutive week of losses, after Moscow declared it needed more time mulling over deeper production cuts proposed by OPEC to deal with a sluggish energy demand.
read more... 10/02/2020
Daily (06.02.2020): Oil prices recovered on Wednesday after a five-day losing streak due to a possible cure for coronavirus
Crude oil prices rebounded on Wednesday, ending a five-day losing streak, as hopes for a possible cure for the new coronavirus out of China boosted the sentiment. Reports that OPEC + envisage deeper oil supply cuts also lifted prices.
read more... 06/02/2020
Daily (05.02.2020): Forward gas and power prices recovered on Tuesday after several days of losses
Crude oil prices tumbled on Tuesday, remaining in a bear market, weighed by the coronavirus impact on Chinese and global demand for black gold, despite OPEC+ measures to calm the oil market.
read more... 05/02/2020