Latest news
Daily (10.02.2020): European spot power prices plummeted on Friday on strong wind output, weaker demand
Crude oil prices ended on a sour note on Friday, posting a fifth consecutive week of losses, after Moscow declared it needed more time mulling over deeper production cuts proposed by OPEC to deal with a sluggish energy demand.
read more... 10/02/2020
Daily (07.02.2020): An oversupplied system and lower LNG prices weighed on UK’s gas market on Thursday
Oil prices varied on Thursday on mixed signals from OPEC and its partner Russia about potential further output cuts to reduce the impact of any weakening in global demand due to the coronavirus outbreak.
read more... 07/02/2020
Daily (06.02.2020): Oil prices recovered on Wednesday after a five-day losing streak due to a possible cure for coronavirus
Crude oil prices rebounded on Wednesday, ending a five-day losing streak, as hopes for a possible cure for the new coronavirus out of China boosted the sentiment. Reports that OPEC + envisage deeper oil supply cuts also lifted prices.
read more... 06/02/2020
Daily (05.02.2020): Forward gas and power prices recovered on Tuesday after several days of losses
Crude oil prices tumbled on Tuesday, remaining in a bear market, weighed by the coronavirus impact on Chinese and global demand for black gold, despite OPEC+ measures to calm the oil market.
read more... 05/02/2020
Daily (31.01.2020): A continuous strong decline in British gas prices due to warm weather, low demand and weaker oil markets
Crude oil prices had the worst performance in three months on Thursday, as investors continued to worry about a sluggish demand for oil following the continued spread of coronavirus, with OPEC considering the possibility of an early meeting.
read more... 31/01/2020