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Daily (23.03.2018): UK day-ahead gas price fell by almost 5% due to milder weather forecasts
Oil prices fell on Thursday because investors booked profits after this week's rally, but ongoing efforts of OPEC and its partners to cut supplies limited losses. Brent crude dropped by 0.8 percent, to close at $68.91 a barrel. WTI futures declined by 1.3% to end at $64.30 a barrel.
read more... 23/03/2018
Daily (06.03.2018): German prompt power prices surged by almost 45% on Monday due to lower wind power supply
Oil prices soared on Monday, supported by forecasts for robust oil demand growth and concerns that output from OPEC producers would rise at a much slower pace in the future.
read more... 06/03/2018
Nigeria is now the biggest petrol importer globally
Nigeria is the single member country in the Organisation of Petroleum Exporting Countries, OPEC, that imports petroleum, mentioned by the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, at the 2018 Oloibiri Lecture Series (OLEF) in Abuja.
read more... 02/03/2018
Daily (27.02.2018): German spot power price boosted by 103% on Monday as colder weather bolstered demand
Oil prices rose on Monday to almost a three-week peak hit a day earlier, due to signs of strong production cuts by OPEC and non-OPEC countries and an insignificant fall in U.S. output. Brent crude added 19 cents, or 0.3%, to end at $67.50 a barrel. WTI futures surged by 0.6% to settle at $63.91 a barrel.
read more... 27/02/2018
Daily (26.02.2018): British day-ahead gas price jumped by 15.7% on Friday due to cold weather
Oil prices rose on Friday backed by a decline in Libyan output and optimistic comments from Saudi Arabia that an OPEC-led effort to reduce stockpiles through production cuts is functioning. Brent crude soared by 1.4% to close at $67.31 per barrel. WTI crude increased by 1.2% to end at $63.55 per barrel.
read more... 26/02/2018