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Daily (22.03.2018): Oil prices rose by 3% to hit new peaks on Wednesday due to a sudden decline in crude inventories
Oil prices gained about 3% on Wednesday being propelled by a sudden decline in U.S. crude inventories.
read more... 22/03/2018
Daily (20.03.2018): German Spot Power Price Spiked by 979% on Monday Due to Lower Than Expected Temperatures
Oil prices lowered in choppy trade on Monday due to investor’s cautious sentiment about crude supply increase and uncertainties in relations between Saudi Arabia and Iran.
read more... 20/03/2018
Daily (15.03.2018): German day-ahead power price plunged by 47.3% on Wednesday as temperatures increased
Oil prices rose on Wednesday, despite bigger-than-expected U.S. crude stock build, being backed by the huge draw of fuel stockpiles.
read more... 15/03/2018
Daily (12.03.2018): WTI crude surged by 3.2% on Friday due to strong US jobs data
Oil prices increased on Friday recovering from two days of declines due to strong US jobs data and investors’ hopes that the scheduled meeting between U.S. President Trump and North Korea’s Kim Jong Un would reduce geopolitical tensions.
read more... 12/03/2018
Daily (09.03.2018): European prompt power prices slid slightly on Thursday due to milder weather forecasts
Oil prices decreased on Thursday, due to a stronger dollar, signs of an inventory build at the U.S. storage hub in Cushing, Oklahoma, growing U.S. crude production and investors’ agitation about a likely trade war.
read more... 09/03/2018