Latest news
Daily (30.05.2019): German spot power price plummeted by over 61% ahead of holidays due to lower demand in the region
Crude oil prices declined on Wednesday, as China claims to put further pressure on the trade war with the United States, by using its dominant position in rare earths – a group of 17 chemical elements used to produce various electronics, industrial and military equipment. However, recent supply disruptions in U.S. limited gains. Brent crude decreased by 0.9% to $69.45 a barrel, while WTI futures closed 0.6% down at $58.81 a barrel.
read more... 30/05/2019
Daily (29.05.2019): NBP spot soared by 4.3% on Tuesday, on expectations for colder weather
Oil prices were flat on Tuesday, as bullish signals from flooding at several distribution hubs around the United States offset the ongoing bearish sentiment that the trade war could hurt economic growth and reduce oil demand. As a result, Brent crude remained untraded at $70.11 a barrel, while WTI futures settled at $59.14 a barrel.
read more... 29/05/2019
Turkey's crude oil imports up 87.22% in March
Turkey's crude oil imports increased by 87.22% to 2.5 million tons this March, compared to the same month last year, the country's energy watchdog confirmed yesterday.
read more... 29/05/2019
Daily (28.05.2019): Brent crude climbed by 2.1% on Monday, due to ongoing tensions in the Middle East and OPEC-led supply cuts
Oil prices extended gains on Monday, supported by ongoing tensions in the Middle East and OPEC-led supply cuts. Brent crude surged by 2.1% to $70.11 a barrel, while WTI futures increased by 0.9% to $59.13 a barrel.
read more... 28/05/2019
Daily (27.05.2019): Brent crude recovered by 1.4% on Friday, posting however its biggest loss of 2019
Crude oil prices rose on Friday due to the long US and UK holiday weekends, offsetting concerns about rising inventories and weak global demand. As a result, Brent crude climbed by 1.4% to $68.69 a barrel on Friday, while WTI futures added 1.2% to settle at $58.63 a barrel.
read more... 27/05/2019