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Russia aims strategic energy partnership with China
Russian oil giant Rosneft has signed an agreement with Chinese company CEFC Energy, aiming crude oil supply. The accord is based on a long-term deal inked between parties earlier. The delivery will start next year.
read more... 21/11/2017
Daily (21.11.2017): German spot electricity prices surged on lower wind power supply and higher demand
Oil prices dropped on Monday, prolonging losses ahead of next week's OPEC meeting, while stronger dollar hurt commodities across the board. Brent crude futures fell 50 cents or 0.8 percent to close at $62.22 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures settled 13 cents or 0.2 percent down at $56.42. Oil has been under pressure for the last two weeks since peaking in early November.
read more... 21/11/2017
Daily (20.11.2017): UK gas prices fell on forecasts of warmer weather and an oversupplied system
Oil prices recovered by over 2% on Friday as a major U.S. crude pipeline was shut, and traders anticipated an OPEC agreement to extend output cuts. Brent crude oil soared by $1.36, or 2.2 percent, to close at $62.72 a barrel, while U.S. West Texas Intermediate crude (WTI) settled at $1.41, or 2.6 percent, at $56.55 a barrel.
read more... 20/11/2017
Daily (16.11.2017): British wholesale gas prices dropped due to an oversupplied market
Oil prices fell for the fourth consecutive session on Wednesday after the U.S. government announced an unpredicted increase in crude and gasoline stockpiles.
read more... 16/11/2017
Daily (15.11.2017): European carbon prices increased slightly on Tuesday after 5-day losing streak
Oil prices dropped for a third consecutive day on Tuesday on forecasts for higher U.S. crude production and a gloomier outlook for global demand growth in a report from the International Energy Agency (IEA).
read more... 15/11/2017