Another day of sky-rocketing power prices and falling EUAS
The never-ending bullish run of the European power spot prices continued yesterday as the gas market pursued is sharp ascend amid soaring supply concerns while…
Strong uncertainty around the timing of a potential return of Iranian oil on the market pushed the OPEC+ group to just confirm what had been decided previously: output will increase further in July, but nothing is planned afterwards. Brent 1st-nearby prices almost touched their highest level of the year, above $71/b, before adjusting slightly downwards. The WTI reached a two-year high.
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