Latest news
Daily (06.09.2023): Oil prices hiked above $90 per barrel after Saudi Arabia and Russia extended their supply curbs until December 2023
Crude oil prices increased on Tuesday amid announcement that Saudi Arabia and Russia will extend production cuts until December 2023. Stronger manufacturing data from China lent further support on price. Hence, Brent crude traded around 1% higher at $90.04 a barrel. Meanwhile, U.S. WTI crude rose by 0.9% to end at $86.69 a barrel.
read more... 06/09/2023
Daily (05.09.2023): Oil prices surged close to the $90 per barrel threshold, marking their highest point since November 2022
Crude oil prices rose on Monday, to hit the highest levels since November 2022 amid announcement that Saudi Arabia and Russia will extend production cuts. Thus, Brent crude traded 0.5% higher at $89.00 a barrel. Meanwhile, U.S. WTI crude edged 0.4% higher at $85.93 a barrel.
read more... 05/09/2023
Daily (04.09.2023): Oil prices surged to their highest levels since the beginning of the year, driven by a rebound in global demand and a tighter supply
On Friday, oil prices surged to their highest levels since January, driven by a rebound in global demand and tighter supply conditions. As a result, Brent crude climbed by about 2% to settle at $88.55 a barrel, while WTI crude soared by 2.3% at $85.55 a barrel.
read more... 04/09/2023
Daily (01.09.2023): Gas prices retreated on Thursday as the impact of Australia's strikes was assessed as minimal
On Thursday, crude oil prices added ground, rising for a third month in a row on expectations that cuts by OPEC+ would continue through the end of 2023. Hence, Brent crude rose by 1.1% to $86.86 a barrel, while WTI crude increased by 2.5% to $86.63 a barrel.
read more... 01/09/2023
Daily (31.08.2023): Carbon prices added almost 2% gain on stronger Polish auction
Crude oil prices had another daily rise on Wednesday driven by supply tightening concerns, as OPEC members need to decide on further potential output cuts in September. Hence, Brent crude rose by 0.4% to settle at $85.86 a barrel.
read more... 31/08/2023