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Daily (15.07.2021): EUAs gained 1% on Wednesday after the publication of the ETS reform proposals

Crude oil prices ended lower on Wednesday, following reports of weaker demand and prospects of increased black gold supply from OPEC+ members. Losses, however, were limited by a further drop in US crude reserves. Brent oil fell by 2.3% to $74.76 a barrel and WTI oil declined by 2.8% to $73.13 a barrel.

read more... 15/07/2021

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Daily (14.07.2021): Brent crude gained ground on Tuesday as OPEC impasse means tight supply

International Energy Agency report showed that the market should expect tighter supply for now due to disagreements among major producers. According to the same report, a strong recovery in demand was noticed during last month. Thus, Brent crude gained around 1.8% to end at $76.49 a barrel. The American crude rose by 1.6% to settle at $75.25 a barrel.

read more... 14/07/2021

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Daily (13.07.2021): Electricity prices fell on Monday, tracking bearish gas and carbon markets

Oil prices dropped on Monday, on doubts over OPEC's ability to maintain production discipline and signs of reduced demand for black gold. Consequently, Brent crude slipped by 0.5% to $75.16 a barrel and WTI oil edged 0.6% lower at $74.10 a barrel.

read more... 13/07/2021

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Daily (12.07.2021): CO2 prices traded 3.5% higher on Friday, on strong auction and bullish energy markets

Crude oil prices rebounded on Friday, supported by a weaker US dollar and the drop in US crude inventories. Despite the lack of an agreement between OPEC+ members, Brent oil gained 1.9% to settle at $75.55 a barrel. At the same time, WTI crude increased by 2.2% to $74.56 a barrel.

read more... 12/07/2021

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Brent crude oil stays above $75 amid impasse in OPEC+ talks

Oil prices were little changed in early Asian trade on Monday as an impasse in talks among key producers to raise output in coming months kept supplies tight, offsetting concerns about coronavirus' impact on the global economy.

read more... 12/07/2021

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