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Energie & Management > Commentary - Commodities - Oil and carbon speed up
Commentary

Commodities - Oil and carbon speed up

Oil gained around two dollars on Tuesday on the back of market nervousness over supply but also speculative trading activity, according to market players. Carbon prices surged with the main drivers located in the power sector, sources said.
Prices in the oil market increased by around two dollars on Tuesday despite recent market assumptions of healthy supply after OPEC had communicated on Monday to increase production for May. However, yesterday´s prices moved up on news of a series of new refinery problems in theUS and in the UK.“We saw a correction last days as profit-taking has taken place, but the market is still

Mittwoch, 20.04.2005, 08:55 Uhr
Redaktion
Energie & Management > Commentary - Commodities - Oil and carbon speed up
Commentary
Commodities - Oil and carbon speed up
Oil gained around two dollars on Tuesday on the back of market nervousness over supply but also speculative trading activity, according to market players. Carbon prices surged with the main drivers located in the power sector, sources said.
Prices in the oil market increased by around two dollars on Tuesday despite recent market assumptions of healthy supply after OPEC had communicated on Monday to increase production for May. However, yesterday´s prices moved up on news of a series of new refinery problems in theUS and in the UK.“We saw a correction last days as profit-taking has taken place, but the market is still

Mittwoch, 20.04.2005, 08:55 Uhr
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