Latest news
Daily (6.03.2019): NBP spot fell by nearly 1% on Tuesday on bearish fundamentals
Brent crude edged 0.3% higher on Tuesday awaiting a positive trade deal between US and China, closing at 65.86 USD/bbl at the end of the day. Meanwhile, WTI futures traded 0.1% lower at 56.56 USD/bbl in anticipation of U.S. government crude stocks data.
read more... 06/03/2019
Daily (5.03.2019): Year-ahead power delivery prices in Germany surged by 1.4% on Monday, due to stronger coal and carbon markets
Crude oil prices soared on Monday on hopes that United States and China could reach an agreement to end their trade war. Brent crude rose by 0.9% to 65.67 USD/bbl, while WTI futures climbed by 1.4% to 56.59 USD/bbl.
read more... 05/03/2019
Daily (4.03.2019): WTI crude plunged by 2.5% on Friday, amid declining U.S. manufacturing data
Crude oil prices fell on Friday amidst bearish U.S. manufacturing data that triggered concerns over global energy demand growth. Brent crude fell by 1.5% to 65.07 USD/bbl, while WTI futures plunged by 2.5% to 55.80 USD/bbl.
read more... 04/03/2019
Daily (01.03.2019): EU carbon prices topped €22 a tonne on Thursday, rising for the fifth consecutive day
Brent crude price reversed trend, turning bearish on Thursday, influenced by lower factory output reported by the two Asia’s biggest economies – China and Japan. The record level of U.S. crude stockpiles also weighed on prices. On top of that, the lack of a deal after the two-day summit between U.S. president Trump and North Korean leader Kim Jong Un left the financial markets under pressure. Brent crude edged 0.5% down at $66.03 a barrel. Nevertheless, OPEC-led supply cuts and last week’s decline in crude U.S. crude imports to a two-decade low supported WTI crude price, which inched 0.5% up at $57.22 a barrel.
read more... 01/03/2019
Daily (28.02.2019): WTI futures hiked by 2.6% on Wednesday, amidst a sharp drop in U.S. crude stockpiles
Oil prices climbed on Wednesday after U.S. data showed a sharp drop in crude stockpiles. Moreover, OPEC continues to cut oil supplies. Brent oil surged by 1.8% to 66.39 USD/bbl, while WTI futures was 2.6% up at 56.94 USD/bbl.
read more... 28/02/2019