ICE Brent prices climbed to 73.8 $/b as Iranian talks held on Sunday yielded no outcome. West African barrels are now in demand, as parts of the August loading programmed were bid by European refiners, ahead of the fuel demand recovery. CFTC positioning is showing signs that the financial community is increasingly long crude futures contracts, and open interest is rising.
European gas prices increased again yesterday, both on the spot and the curve. Prices continued to receive support from above-normal demand and weak pipeline supply,…
The power spot prices slightly fade in northwestern Europe yesterday on the back of forecasts of higher wind output, nuclear availability and temperatures. Prices reached…
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