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Daily (08.12.2017): EU carbon prices settled 1.1% higher on Thursday after a week of declines
Oil prices recovered on Thursday after a data report showed a drop in U.S. crude inventories. Brent crude futures settled at $61.20 a barrel, up 98 cents, or 1.6 percent. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures closed at $56.51 a barrel, up 55 cents, or 1 percent up from their last settlement.
read more... 08/12/2017
Daily (07.12.2017): WTI crude futures dipped by 2.9% on higher U.S. inventories of refined products
Oil prices slumped on Wednesday after an unexpected increase in U.S. inventories of refined products that suggested demand might be weakening. Brent crude futures were down $1.64, or 2.6%, at $61.22 a barrel, after reaching a session peak of $62.93. Meanwhile U.S. crude futures dropped $1.66, or 2.9%, to close at $55.96.
read more... 07/12/2017
Daily (06.12.2017): EU carbon prices fell 1.6% on weaker auction on Tuesday
Oil prices rose on Tuesday, buyout by strong demand, expectations of a decline in U.S. crude inventories and an OPEC-led agreement to extend oil production cuts. Brent crude futures ended 41 cents, or 0.7 percent, up at $62.86 a barrel, while U.S. West Texas Intermediate crude increased by 15 cents, or 0.3 percent, to $57.62 a barrel.
read more... 06/12/2017
Daily (05.12.2017): French spot power contract up by 43.2% on Monday, due to higher demand
Oil prices dropped on Monday after U.S. shale drillers added last week more rigs, but prices remained close to their highest since mid-2015, buyout by an extension to output reductions agreed last week by OPEC and other producers. February Brent crude futures were down $1.28 at $63.11 a barrel. Meanwhile U.S. West Texas Intermediate traded 89 cents, or 1.5%, lower at $57.47.
read more... 05/12/2017
Daily (04.12.2017): Power prices on the forwards curve rose along the gains in oil, carbon and coal markets
Oil prices edged higher on Friday, moving toward 2½-year peaks after two dozen crude-producing countries decided to reduce their output through the end of 2018.
read more... 04/12/2017