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Daily (27.02.2018): German spot power price boosted by 103% on Monday as colder weather bolstered demand
Oil prices rose on Monday to almost a three-week peak hit a day earlier, due to signs of strong production cuts by OPEC and non-OPEC countries and an insignificant fall in U.S. output. Brent crude added 19 cents, or 0.3%, to end at $67.50 a barrel. WTI futures surged by 0.6% to settle at $63.91 a barrel.
read more... 27/02/2018
Daily (26.02.2018): British day-ahead gas price jumped by 15.7% on Friday due to cold weather
Oil prices rose on Friday backed by a decline in Libyan output and optimistic comments from Saudi Arabia that an OPEC-led effort to reduce stockpiles through production cuts is functioning. Brent crude soared by 1.4% to close at $67.31 per barrel. WTI crude increased by 1.2% to end at $63.55 per barrel.
read more... 26/02/2018
Daily (23.02.2018): WTI crude soared by 1.8% to two-week peaks on Thursday after an unpredicted draw in U.S crude stocks
Oil prices surged to two-week peaks on Thursday following data showing an unexpected draw in U.S. crude stocks. Brent crude added 97 cents, or 1.5 percent to end at $66.39 a barrel. West Texas Intermediate (WTI) futures jumped by 1.8 percent to close at $62.77 a barrel.
read more... 23/02/2018
Daily (22.02.2018): UK spot gas price surged by 4.4% on Wednesday due to colder weather and higher demand
Oil price slightly changed on Wednesday ahead of data expected to show increasing crude inventories in the United States and due to a stronger U.S dollar. Brent futures edged 0.3 percent higher to end at $65.42 a barrel. WTI crude fell by 0.2% to close at $61.68 a barrel.
read more... 22/02/2018
Daily (21.02.2018): German spot electricity prices fell 4.7% on Tuesday due to a rise in wind power supply
Oil prices fell on Tuesday after a session of profit-taking and due to a stronger dollar. Brent crude lost 42 cents, or 0.6%, to end at $65.25 a barrel. WTI futures closed 1% down at $61.79 per barrel.
read more... 21/02/2018