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Daily (12.06.2018): Carbon prices slumped by 2.1% on Monday on worries about high auction supply
On Monday, oil prices edged slightly higher on optimism over the US – Korea summit’s aftermath between their leaders — Donald Trump and Kim Jonh Un in Singapore. Brent crude futures was stable at $76.46 per barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures rose by 0.6% to $66.10 a barrel.
read more... 12/06/2018
Daily (11.06.2018): The French spot power contract traded 20% lower on Friday, due to falling gas and carbon prices
Oil prices retreated on Friday, pressured by growing Russian output and the highest in more than three years U.S. drilling activity. Brent crude dipped by 1.1% to close at $76.46 a barrel. West Texas Intermediate (WTI) crude contracts closed 21 cents lower at $65.74 a barrel, or about 0.3% loss.
read more... 11/06/2018
Daily (08.06.2018): UK gas price for July 2018 delivery rose 2.3% on Thursday due to an undersupplied system
Brent crude increased by 2.6% to close at $77.32 a barrel, due to a supply problem in Venezuela, where state-owned oil company tried to unload their products of approximately 24 million barrels, expecting to be conveyed to clients.
read more... 08/06/2018
Daily (07.06.2018): WTI crude fell 1.2% on Wednesday due to a sudden increase in crude inventories
While Brent crude slipped on Wednesday, WTI crude slumped by more than 1% after the Energy Information Administration reported a sudden increase in US crude inventories. Brent oil was generally stable at $75.36 a barrel.
read more... 07/06/2018
Spain’s Repsol Buys New Crude Cargo from Iran Despite US Sanctions
Iran sold its first cargo from West Karoun to Spain’s Repsol after the US decision to exit the Joint Comprehensive Plan of Action (JCPOA). Repsol ordered 500,000 bpd of spot cargoes of West Karoun crude which Iran is marketing as Pars oil.
read more... 07/06/2018