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Daily (24.04.2023): European carbon prices fell on Friday amid a lower-than-usual demand as the deadline for surrendering carbon allowances approached
Oil prices gained rose on Friday, trading 0.6% higher, due to a technical rebound after two sessions of sharp declines. However, gains were capped as the market remains anxious about the global demand. Brent crude settled at $81.66 a barrel and WTI crude ended at $77.87 a barrel.
read more... 24/04/2023
Daily (21.04.2023): Oil prices plunged to their lowest level since late March amid recession fears
Oil prices plummeted to their lowest level since late March on Thursday, weighed by increased worries about a possible recession. Brent crude slumped by 2.4% to $81.10 a barrel. WTI crude declined by 2.3% to $77.37 a barrel.
read more... 21/04/2023
Daily (20.04.2023): Oil prices fell by almost 2% on fears of a global recession
On Wednesday, crude oil prices experienced a decline, despite signs of improving demand from China. The market continues to fear a global recession, which has contributed to this downward trend. As a result, Brent crude lost 2% and was trading at $83.12 a barrel. WTI Crude also shed 2.1% closing at $79.16 a barrel.
read more... 20/04/2023
Daily (19.04.2023): European carbon prices posted significant gains on Tuesday as European Parliament lawmakers approved a series of market adjustments
Oil prices remained mostly flat Tuesday, as Chinese economic figures offset interest rates concerns. Brent crude settled at $84.77 a barrel and WTI crude ended at $80.86 a barrel.
read more... 19/04/2023
Daily (18.04.2023): Oil prices were bearish on Monday influenced by a stronger dollar and a possible rate increase by the U.S. Federal Reserve
Oil prices were bearish on Monday influenced by a stronger dollar and a possible rate increase by the U.S. Federal Reserve. Brent crude fell by 1.8% to $84.76 a barrel and WTI crude slumped by 2% to $80.83 a barrel, despite higher global oil demand.
read more... 18/04/2023