Latest news
Daily (17.01.2023): German and French Cal24 electricity prices fell by 10% on Monday in response to the rapid price falls across the fuel market
Oil prices drifted lower for the first time in eight sessions on Monday, with China announcing 60,000 Covid-related deaths in the past month further stoking demand concerns. Hence, Brent crude declined by 82 cents, or 1% at $84.46 a barrel. U.S.WTI crude eased by 1.3% to $78.85 a barrel.
read more... 17/01/2023
Daily (16.01.2023): NBP spot rose by nearly 4% on Friday on forecasts of colder weather
Crude oil prices continued to gain ground on Friday, driven by the rising Chinese demand and the prospect of easing inflationary pressures. As a result, Brent crude oil rose by $1.25, or 1.4 percent, to $85.28 a barrel. U.S. WTI crude oil settled at $79.86 a barrel, gaining $1.4, or almost 2%%, on a day-over-day basis.
read more... 16/01/2023
Daily (13.01.2023): Oil prices rose by over 1% on Thursday amid positive US key figures on inflation, demand optimism
Crude oil prices continued to gain ground on Thursday, driven by hopes of rising demand in China and the prospect of softening inflationary pressures. Figures showing U.S consumer prices unexpectedly fell in December lent further support. Hence, Brent crude rose by $1.36, or 1.7%, to settle at $84.03 a barrel. U.S. WTI crude settled at $78.39 a barrel, gaining 98 cents, or 1.3% day-on-day.
read more... 13/01/2023
Daily (12.01.2023): Oil prices soared by 3% to one-week high on Wednesday amid improved global economic outlook
Crude oil prices prolonged their gains, to hit a one-week high on Wednesday as optimism about the global economy and concerns about the impact of sanctions on Russian crude output outweighed a massive, unexpected build in US crude stocks. Brent crude soared by $2.57, or 3.2%, to settle at $82.67 a barrel. U.S. WTI crude increased by $2.29, or 3.1%, to settle at $77.41 a barrel.
read more... 12/01/2023
Daily (11.01.2023): European electricity prices fell on Tuesday amid strong renewable energy, bearish gas and carbon prices
Crude oil prices increased slightly on Tuesday as the U.S. government predicted record global petroleum consumption next year and the dollar remained near seven-month lows. Brent crude rose by 45 cents or 0.6%, to settle at $80.10 a barrel. Meanwhile, U.S. WTI crude ended 49 cents, or 0.6% higher at $75.12 per barrel.
read more... 11/01/2023