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Daily (16.05.2017): Oil prices jumped by 2% on Monday
Oil prices jumped on Monday, after the world’s two biggest producers, Saudi Arabia and Russia, stated that an extension of the crude production cuts is likely from the middle of this year until March 2018.
read more... 16/05/2017
Daily (15.05.2017): European spot electricity prices fell by 10-13%, EUAs at 4.5 euros/ton again
Oil prices slightly grew on Friday, boosted by the news about lower U.S. crude inventories and traders’ hope that the global supply glut can be reduced by continued OPEC-led production cuts.
read more... 15/05/2017
Daily (10.05.2017): European carbon prices jumped by over 2%
Oil prices declined, influenced by worries over reducing demand, a rising US dollar and a higher US crude production that has shaken investors' faith in the ability of OPEC to rebalance the market.
read more... 10/05/2017
Daily (09.05.2017): German spot power prices settled 21% higher on Monday
Oil prices increased on anticipations that an OPEC-led pledge to reduce production would be protracted beyond the first half of the year and into 2018, even though global supply still influenced the markets. Brent crude closed 24 cents up, or around 0.5 percent, at $49.34 per barrel.
read more... 09/05/2017
Daily (08.05.2017): Oil prices increased 1.5% after strong downward weekly trend
Oil prices increased on Friday after strong downward trend, supported by the market news that Russia is going to join the OPEC for production cuts to reduce the world's persistent glut of crude.
read more... 08/05/2017