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Daily (31.01.2018): French day-ahead power price tumbled by 18% on Tuesday due to forecasts for higher wind generation
Oil prices declined for the third consecutive day on Tuesday after a more-than-expected increase in crude stocks last week and a selloff in other commodities, stocks and bonds. Brent crude slipped by 0.6%, or 0.44 cents, to close at $69.02 a barrel. WTI crude dropped by 1.6% to end at $64.5 a barrel.
read more... 31/01/2018
Daily (30.01.2018): Brent Crude fell 1.5% on Monday due to a stronger dollar and robust US production
Oil prices fell on Monday, pressured by a stronger dollar and increasing U.S. crude output. Brent crude slipped down by $1.06, or 1.5 %, to $69.46 a barrel, after having hit a session peak of $70.64. U.S. West Texas Intermediate (WTI) futures slumped by 0.9 percent to $65.56 a barrel.
read more... 30/01/2018
Daily (29.01.2018): EU carbon prices dropped by 1.6% on Friday
Oil prices closed higher on Friday after hitting three-year peaks, because of a weaker U.S. dollar. Brent crude increased by 0.1%, or 10 cents, to end at $70.52 per barrel. Meanwhile, WTI crude settled 1% up at $66.14 a barrel.
read more... 29/01/2018
Daily (26.01.2018): German day-ahead power price surged by 37% on Thursday due to forecasts for declining wind generation
Oil prices declined on Thursday before the end of the peak-demand winter season in the northern hemisphere, as crude market fundamentals are expected to weaken.
read more... 26/01/2018
Daily (25.01.18): Oil prices rose 0.8% after record 10th straight weekly decline in U.S. inventories
Oil prices were boosted by robust volumes on Wednesday, after the record 10th consecutive weekly decline in U.S. crude inventories, even though reduced refining activity and increasing output signaled U.S. stocks might surge. Brent crude rose by 57 cents, or 0.8%, to settle at $70.53 per barrel. U.S. West Texas Intermediate (WTI) futures increased by 1.7 percent to $65.61 a barrel.
read more... 25/01/2018