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Daily (16.08.2018): WTI crude dropped by 3% on Wednesday, due to a high level of crude inventories
Oil prices were bearish on Wednesday, as trade tensions weighed down on demand and investors kept selling amid increased output. Brent crude contract lost 2.4% to close at $70.76 a barrel. WTI crude dipped by 3% to $65.01 a barrel, due to U.S. production growth.
read more... 16/08/2018
Daily (15.08.2018): Bullish UK gas forward prices on Tuesday, due to upcoming maintenance at Kollsnes
Increasing trade tensions between US and China led to a decline in oil prices on Tuesday. Brent crude edged 0.2% lower at $72.46 a barrel, due to a pessimistic economic outlook and predictions of reduced demand. Meanwhile, WTI crude ended 0.2% down at $67.04, following the rise in crude inventories.
read more... 15/08/2018
Daily (14.08.2018): Carbon prices hiked by 1% to a new 7-year peak on Monday, tracking bullish coal markets
Oil prices fell on Monday, mainly due to a sudden rise in inventories and escalating trade tensions between U.S and China, increasing worries about fuel demand. Brent crude was 20 cents, or 0.3%, down at $72.61 a barrel. Meanwhile, WTI crude slipped by 0.6% to end at $67.20 a barrel.
read more... 14/08/2018
Daily (13.08.2018): Oil prices rose on Friday, but posted weekly declines due to global trade disputes
Oil crude prices surged on Friday, on predictions of lower supply following U.S. sanctions against Iran. Brent crude closed 1% higher at $72.81 a barrel. Meanwhile, WTI crude soared by 1.2% to end at 67.63% a barrel, posting nevertheless a 1.2% decline week-on-week, on global trade disputes that might slow economic growth and reduce demand for energy.
read more... 13/08/2018
Daily (10.08.2018): NBP spot price dropped by 0.5% on Thursday due to an oversupplied system
Increased trade tensions between U.S. and China will probably lead to a lower demand for crude, weighing down on oil prices. Brent crude slipped by 0.3% to settle at $72.07 a barrel. On its turn, WTI crude edged 0.2% lower to 66.81 a barrel.
read more... 10/08/2018