Carbon and power prices extended Friday’s rally to hit new record
The power spot prices rose yesterday in northwestern Europe, buoyed by forecasts of weaker wind output and stronger consumption, although improved French nuclear availability expected…
Last week’s crude oil price decline was likely caused by a broad selloff in Brent and WTI futures, as total open interest declined significantly. Looking at ICE Brent futures positioning, every category (managed- money, merchant players, swap dealers) reduced their exposure, as volatility was expected to rise, amid an uncertain OPEC+ production policy.