OIL AND OIL DERIVATES
Fuel switching, lower supply to lift EUAs next week
Date: 08.11.2024 Author: Cem Bektas, Montel
Photo: Montel
The European benchmark carbon price was set to end the week 4% higher on Friday despite US election-led volatility, with market participants anticipating potential further support from fuel switching
Oil drops on lower hurricane risk, higher supply potential
Date: 08.11.2024 Author: Luke Roshan, Montel
Photo: Montel
Oil prices dropped on Friday as the risk of a hurricane in the Gulf of Mexico disrupting US oil and gas supply eased, while investors assessed the likely impact of higher supply under president-elect
Oil rebounds on Trump sanction prospects, Hurricane Rafael
Date: 07.11.2024 Author: Luke Roshan, Montel
Photo: Montel
Oil prices rebounded early on Thursday as investors turned their attention to the prospect of tougher sanctions on Opec member Iran under President-elect Donald Trump and to US oil production shut-ins
Oil falls on stronger dollar as Trump tilts ahead in election
Date: 06.11.2024 Author: Luke Roshan, Montel
Photo: Montel
Oil prices dropped on Wednesday as the US dollar strengthened, driven by investor reactions to early polling results in the election, which showed former president Donald Trump leading the race.
Oil prices stabilise after rally as investors eye US election
Date: 05.11.2024 Author: Selva Freigedo, Montel
Photo: Victor Habbick via FreeDigitalPhotos
Oil prices were trading flat early on Tuesday as investors looked to the US presidential election, after rallying in the previous session on the back of the Opec+ production cut extension and Middle
Oil prices rise as Opec delays output hike on weak demand
Date: 04.11.2024 Author: Luke Roshan, Montel
Photo: Montel
Oil prices rose on Monday buoyed by a decision this weekend by producer cartel Opec+ to delay an output hike in December by at least a month due to persistent weak demand in the crude market.
Market split on impact of new Romanian energy tax
Date: 24.10.2024 Author: Montel
Photo: Montel
The introduction of a new tax for domestic and foreign gas and oil firms operating in Romania, could result in fewer investments in the country’s energy sector, but some participants expect a
Oil firms on Middle East tensions amid dim demand outlook
Date: 24.10.2024 Author: Luke Roshan, Montel
Photo: Montel
Oil prices rose early on Thursday, rebounding from losses in the previous session, as investors assessed escalating tensions in the Middle East and global market balances going into 2025.
Oil softens as China demand concerns trump Middle East fears
Date: 22.10.2024 Author: Selva Freigedo
Photo: Tanja S. Volarič
Oil prices fell on Tuesday – after climbing almost 2% yesterday – as China demand concerns offset rising tensions in the Middle East and its potential to disrupt crude supplies.
Oil edges up as Middle East tension continues to simmer
Date: 21.10.2024 Author: Luke Roshan, Mintel
Photo: Montel
Oil prices edged higher on Monday as Middle East tensions continued to intensify, with Israel showing no sign of scaling down its military campaign as it prepared a retaliatory strike against Iran.
Oil prices slip to 2-week low amid demand uncertainty
Date: 15.10.2024 Author: Selva Freigedo, Montel
Photo: Montel
Oil prices fell for a third consecutive session on Tuesday amid growing concerns about flagging global demand.
Oil falls on China economic fears but Middle East conflict simmers
Date: 14.10.2024 Author: Luke Roshan, Montel
Photo: Montel
Oil prices fell on Monday as investor sentiment on China’s economic outlook dimmed after a major policy briefing over the weekend offered little clarity on the size of Beijing’s stimulus plans,
