Brent prompt month futures hiked higher, at 56.9 $/b on early Tuesday, as various third party agencies reported improved production compliance from OPEC members. Industry sources are also Diesel cracks in Europe and Asia remained supported despite the crude rally, with Singapore diesel 10ppm cracks reaching 6.4 $/b for the first time since December. Jet cracks also edged higher in Asia, at 4.5 $/b at the prompt.
The European power spot prices remained stable and just below the clean gas costs yesterday as the expectations of lower demand were offset by forecasts…
European gas prices weakened slightly on Friday, torn between the impacts of ongoing tight fundamentals and profit taking after the previous sessions’ strong gains. Indeed,…
European power prices tracked losses in natural gas and coal prices on Monday, while EUA prices sent neutral signals. Very strong wind power generation in…
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