Oil continues to rise

18 October 2007

Oil continues to feed the bulls

Growing uncertainty in the oil market and more specifically the way in which the Kurds and Turks are reacting suggests that there could be an oil squeeze. Prices continue to rise setting new highs, above $90/brl.

Players still have some way to go before it beats the inflation adjusted high of $101.4/brl set in the early eighties.


Oil  Bull Market 

Related Articles
100 % Supply Squeeze  

21 February 2005


Within day bargains as players buy forward.  read more...

100 % Power prices remain strong  

31 January 2005


Oil off power remains strong  read more...

100 % Winter 05 goes to Pamplona  

25 January 2005


Winter 05 continues its bull run, hitting a two month high of £37.10.  read more...

100 % Dash for Gas - Pembroke and Isle of Grain  

15 January 2005


Power plants move down merit order.  read more...

100 % POWER PRICE UPDATE  

16 December 2004


At this time of year, traders are looking to square out positions in order to crystallize bonuses. They also look at next year, as to the clever plays in which they can make some money  read more...


other articles on Oil
Weather Forecasts and Iranian Threats  

27 January 2012


Forecast and outturn cold weather drove gas and coal prices this week which in turn had an impact on the power curve. Iran threatened to cut off crude supplies ahead of the EU's proposed July sanctions; a move that would impact EU nations as they seek to find alternative sources ahead of the import ban.  read more...

The downward trend comes to an end  

22 July 2011


The Power market was finally knocked of its downward slide on 19th July with oil and gas prices helping to break the trend. Oil received a boost from lower than expected stock levels (again) and hopes that a US debt deal could be reached. While a Eurozone Emergency Summit was held to rescue the Euro and throw a further lifeline to Greece.  read more...

Energy Curves regain some of the Losses  

01 July 2011


The energy markets have recovered from the 'plunging losses' seen earlier in June which dragged down fuel and power prices. Prices across the power curve all report strong week on week gains.  read more...

OPEC Fail to Reach Agreement  

08 June 2011


OPEC met on 8 June but failed to reach a consensus for the first time in 20 years -oil production levels remaining unchanged.  read more...

High Oil Price Threatens Economic Recovery  

20 May 2011


The International Energy Agency (IEA) releases statement urging OPEC to increase supply or risk derailing the economic recovery.  read more...


other articles on Bull Market
Monthly Review - Jan 2012  

01 February 2012


Weather, oil sanctions and European debt concerns were the pushers and pullers this month as energy markets responded to competing indicators. Volatility was the only constant.  read more...

Japan, Germany & MENA -Global Energy  

18 March 2011


Bullish gains were seen across the fuels complex as traders and analysts rushed to assess the impact of the devastating earthquake and subsequent Tsunami in Japan as well as Germany's announcement that it was to take 7 nuclear generators offline immediately.  read more...

Power Prices Ride the Crest of the Fuel Wave  

26 April 2010


A bullish fuel market fed through into the UK Power Market today with gains of over £2/MWh seen on most of the seasonal curve contracts.  read more...

What type of recession will it be.  

13 May 2009


Economists are trying hard to work out if this recession will be a V, W or square root type of recession.  read more...

Oil eases off  

15 April 2009


Oil bulls retreated as the markets digested the US oil stock levels.  read more...


Energy News by Date
2012 2011 2010 2009 2008 2007 2006 2005 2004
december november october september august july jun may april march february january
RSS Feed
Keep up to date on energy trading news.
Click here to subscribe
RSS
Day Ahead Electricity Prices

1y  6m  3m  1m
Powerisk Online
Powerisk Online tools and services.
Click here to login
Glossary
Glossary
Powerisk glossary of power terminology.
Click here for glossary
Glossary