Power prices posted gains while EUAs retreated after a bullish session
The European power spot for today rather sharply increased compared to Friday’s level amid forecasts of weaker wind and solar generation and lower French nuclear…
Brent prompt future contract came back to 63.5 $/b on early Tuesday, as Texas’ cold snap affected the US petroleum markets in unpredictable ways. WTI-Brent spreads collapsed, likely caused by lower US refining runs, pushing crude stocks higher in the short term. The two fields Troll and Johan Sverdrup in Norway were expected to shut down if workers declared a strike. A settlement was found before the strike could begin.
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