EUA extended its upward trend on endless gas rally
As expected, the European power spot prices edged down yesterday amid forecasts of sharply rising wind output and weaker power demand, although today’s lower solar…
Brent prompt future contract rallied to 66.2 $/b, as product buyers aggressively bid gasoline resources in the US to secure to supply in those highly uncertain conditions, lifting the potential for crude prices to rally. The market consensus anticipates steep draws in US petroleum markets.
Get more analysis and data with our Premium subscription
Ask for a free trial here