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Daily (04.05.2018): French spot power contract down 8.9% on Thursday due to higher wind and solar generation
OPEC output cuts and the potential for new U.S. sanctions on Iran bolstered oil prices on Thursday. Brent crude gained 26 cents, or 0.4%, to close at $73.62 a barrel. WTI futures added $0.5, or 0.7%, to end at $68.43 a barrel.
read more... 04/05/2018
Daily (24.04.2018): German spot power contract traded 14.4% higher on Monday due to reduced wind generation
Oil prices soared on Monday to reach new 3.5-year peaks, after Iran tempered hopes that OPEC would extend its production cut agreement and on worries that U.S. sanctions could limit Iran's output. Brent crude added $0.65, or 0.9%, to $74.71 a barrel. WTI futures edged 0.4% higher at $68.64 a barrel.
read more... 24/04/2018
Daily (23.04.2018): Oil prices rose by 0.4% to reach almost 3-Year peaks as strong demand reduced supplies
Oil prices were bullish on Friday to hit almost three-year peaks as prolonging OPEC-led supply cuts and strong demand gradually diminished excess supplies. Brent futures added $0.28, or 0.4%, to $74.06 per barrel. WTI crude edged 0.2% higher to $68.40 a barrel. Oil prices were bullish on Friday to hit almost three-year peaks as prolonging OPEC-led supply cuts and strong demand gradually diminished excess supplies. Brent futures added $0.28, or 0.4%, to $74.06 per barrel. WTI crude edged 0.2% higher to $68.40 a barrel.
read more... 23/04/2018
Daily (30.03.2018): NBP spot gas price surged by 5 % due to an undersupplied system
Oil prices climbed by around 1% on Thursday buyout by bullish equities markets and due to strong compliance on supply reductions from members of The Organization of the Petroleum Exporting Countries (OPEC) and partners like Russia.
read more... 30/03/2018
Daily (26.03.2018): German spot electricity price tumbled by 21.7% on Friday due to higher wind generation
Oil crude prices jumped on Friday, hitting their peak since late January after the Saudi energy minister declared OPEC and allied producers would manage supply cuts into 2019, and because of increased worries about the future of Iranian crude exports.
read more... 26/03/2018