EUAs cautiously inched up on positive conflict developments
The easing power demand, rising wind production and decreasing gas prices continued to pressure the power spot prices yesterday which averaged 240.80€/MWh in Germany, France,…
Crude prices continued to edge lower, at 65.2 $/b, for ICE Brent prompt contract, as reported inventories in the US showed small builds in crude inventories. Markedly lower implied demand created builds across products. The health situation in India continues to be closely followed and monitored by market participants, especially by looking at Indian buying in the West African crude market.
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