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Daily (10.02.2022): European carbon prices lost around 6EUR on Wednesday amid an aggressive sell-off and British utilities swapping EUAs for UKAs

Crude oil prices rose on Wednesday, supported by an unexpected drop in US crude stocks. Gains, however, were limited by eased Russia-Ukraine tensions. As a result, Brent oil gained 0.9% at $91.55 a barrel and WTI crude edged 0.3% up at $89.66 a barrel.

read more... 10/02/2022

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Daily (11.01.2022): EUAs dropped by 6% on Monday as auction supply resumed

Crude oil prices lost ground on Monday as supply issues in Kazakhstan and Libya attenuated, with traders watching the impact of coronavirus outbreaks in China. Hence, Brent crude fell by 88 cents, or 1.1%, to settle at $80.87 a barrel. U.S. West Texas Intermediate (WTI) crude decreased by 67 cents, or 0.9%, to end at $78.23.

read more... 11/01/2022

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Daily (20.12.2021): European carbon prices lost nearly 14% on Friday, on liquidated market positions ahead of the Dec21 EUA expiry

Crude oil prices ended lower on Friday, weighed by concerns over demand for black gold amid a rising number of Covid-19 Omicron variant infections. Consequently, Brent oil dropped by 2% to $73.52 a barrel and WTI crude fell by 2.1% to $70.86 a barrel.

read more... 20/12/2021

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Daily (08.12.2021): EUAs saw a fierce rally of above 84 EUR/t on Tuesday amid increased buying activity before options expiry, cold weather, strong gas

Crude oil prices extended gains on Tuesday amid receding fears of the South African coronavirus variant, dubbed as Omicron.Hence, Brent crude soared by $2.36, or 3.2%, to settle at $75.44 a barrel. U.S. WTI crude spiked by $2.56, or 3.7%, to end at $72.05.

read more... 08/12/2021

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Daily (03.12.2021): EUAs hit a new record level close to 80 EUR/tonne on Thursday

Crude oil prices rebounded on Thursday after OPEC+ surprised the market yesterday choosing to stick to its plan of increasing oil output by 400 000 barrels per day in January. Hence, Brent crude rose by 80 cents, or 1.2%, to settle at $69.67 a barrel. U.S. WTI crude increased by 93 cents, or 1.4%, to end at $66.50 a barrel.

read more... 03/12/2021

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