- October 10th, 2016
EU Carbon Has Biggest Weekly Gain for Two Years as Gas Surges
European Union carbon allowances had their biggest weekly gain since February 2014 as natural gas and crude oil advanced. ›
European Union carbon allowances had their biggest weekly gain since February 2014 as natural gas and crude oil advanced. ›
Oil prices fell on Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply that has dogged markets for over two years. ›
U.S. oil futures held above $50 per barrel on Friday as the entire crude forward curve pushed above that level in a sign that financial markets have increasing confidence in the sector. ›
British wholesale natural gas prices were pulled up along with a rallying European energy complex on Thursday and in response to mounting concern over tight winter gas markets. ›
European prompt power prices for day-ahead delivery continued to rally on Thursday on firm demand, a sharp decline in German renewables output and unabated supply worries in France. ›
Oil halted gains below $50 a barrel as investors weighed falling U.S. stockpiles against speculation the recent price rally will encourage producers to raise output. ›
Dutch and German gas prices continued to rise Wednesday morning taking their lead again from a bullish NBP spot on the back of lower Norwegian imports and stronger heating demand expected on Thursday in the UK. ›
British wholesale gas prices rose on Wednesday morning due to expectations of lower temperatures in the coming week and a lack of liquefied natural gas (LNG) shipments confirmed to come to Britain. ›
Oil resumed its advance as weekly industry data signaled U.S. crude stockpiles declined, trimming a supply glut. ›
British gas for immediate delivery soared by 19 percent on Tuesday morning, rebounding after losses late in the previous session, as imports from the Netherlands and Norway fell. ›