EUAs climbed to new intraday all-time high
Supported by forecasts of a wind shortage and the record clean fuel costs, the European power spot prices climbed above 120€/MWh for today to reach…
ICE Brent prompt contract declined to 65.3 $/b, on early Monday, as Indian demand continued to be the key downside risk, as mobility data continued to show larger oil demand destruction ahead. March’s European refining data was revised down, as refining throughput was recorded at 8.2 mb/d. European margins eased, as gasoline cracks were likely reduced due to an increasingly saturated US market.
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