Power prices posted massive gains on soaring gas prices
The power spot prices were mixed yesterday in northwestern Europe, down in Germany, Belgium and the Netherlands on forecasts of higher renewable production and weaker…
Crude prices continued to be lifted by a declining US dollar, while the Libyan national oil company declared force majeure on its Hariga port due to budget disputes with the country’s central bank. Backwardation levels on the Brent curve are now at healthy levels to incentivize stock draws.
Get more analysis and data with our Premium subscription
Ask for a free trial here