- August 24th, 2018
Oil prices rise as U.S. sanctions on Iran cloud supply outlook
Oil prices rose on Friday as U.S. sanctions on Iran are expected to cut significant volumes of crude from the market. ›
Oil prices rose on Friday as U.S. sanctions on Iran are expected to cut significant volumes of crude from the market. ›
European power prices for coming years set the latest in a series of contract highs on Thursday, boosted by firmer carbon, a bullish mid-term outlook and with high spot power levels being rolled over into weekly, monthly and quarterly contracts. ›
British wholesale gas prices increased on Thursday morning after flows from Norway fell and left the market undersupplied. ›
Oil prices slipped on Thursday as an escalating trade dispute between the United States and China outweighed the bullish impact of a decline in U.S. commercial crude inventories. ›
British wholesale gas prices rose on Wednesday morning on expectations of lower exports from Norway and as strong oil prices boosted the curve. ›
Oil markets rose on Wednesday on a drop in U.S. crude inventories and a weaker dollar, while concerns about a potential shortfall in Iranian supply from November due to U.S. sanctions also buoyed prices. ›
European power curve prices on Tuesday hit the latest in a series of contract highs in recent weeks, driven by gains in related carbon emissions rights and with a firm oil market that lifted gas curve prices. ›
EU carbon dioxide allowance prices are likely to average Eur35/mt to Eur40/mt over the period 2019-23, accelerating coal-to-gas fuel switching in the power generating sector. ›
British wholesale gas prices rose on Tuesday as flows were curbed by strike action at three North Sea oil and gas fields and exports flowed to the continent, leaving the system undersupplied. ›
Oil prices held firm on Tuesday, with U.S. fuel markets seen to be tightening, although the release of crude from the American strategic reserve somewhat offset an expected supply cut due to upcoming sanctions against Iran. ›