Initially, Brent Crude experienced a decline yesterday following the release of US crude inventories data. However, nationwide US crude inventories, excluding those held in the Strategic Petroleum Reserve (SPR), saw a decline for the second consecutive week, remaining below the five-year seasonal average. Additionally, there was a larger-than-expected decline in gasoline holdings. While the overall draw presents a bullish narrative, it required some support from yesterday’s Federal Reserve announcement to trend in a positive direction.
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Spot crude oil prices at very high levels. The Brent 1M (November) contract yesterday traded between $103.76 – 108.83/b before settling the day at $105.28/b. This morning it is trading up 1.4% to $106.8/b. That is not mu…
Brent fell 2% yesterday to $62.49/b and is trading slightly lower this morning at $62.4/b. It is being pushed towards the 60-line by the booming amount of oil at sea. Oil at sea has increased by 2.5 million barrels ever…
Some rebound but not much. Brent crude rebounded 1.5% yesterday to $65.47/b. This morning it is inching 0.2% up to $65.6/b. The lowest close last week was on Thursday at $64.11/b.
Bjarne Schieldrop, Chief analyst comm…
Energy prices are soaring in Southern Sweden.Lyssna: Power prices spike in the south: what’s behind Sweden’s electricity divideEnergy prices in Sweden are soaring today — especially in Southern Sweden.The reasons behind…
The ongoing situation in the Strait of Hormuz is a contributory factor to rising electricity prices in Europe and the Nordics. Lyssna: Electricty subsidy for southern Sweden as prices soarElectricity prices in southern S…
Prices for detached houses in Sweden fell unusually sharply in October, while apartment prices rose, according to new figures from state-owned bank SBAB and property portal Booli.
Up to 200.000 jobs might move from Southern Sweden due to high electricity prices.Lyssna: Business group: High electricity prices could cost southern Sweden 200,000 jobsSouthern Sweden is losing investment, production an…
Last week’s oil price action distorted by rolling of the November contract last week. The December Brent crude oil contract rose $4.8/b, or 5% last week. Much of that gain was due to the roll-yield as the November contra…
Brent M1 moving below the 200 dma of $78.7/b. Brent crude continued its move lower yesterday with a decline of 3.3% to $77.9/b. This morning it is adding another drop of 1.4% to $76.8/b. Israel bombing Lebanon during the…
Food prices have barely had time to stabilise after the government VAT cut – and now food manufacturers are saying costs are rising. They are calling for understanding that food prices may need to be raised once again.
Hafnium är en sällsynt råvara som används både inom kärnkraft och halvledarproduktion. Priset har på senare år rusat upp över 400 procent. I nedanstående intervju med EFN berättar Tony Sage, vd på Crictical Metals Corp,…
Trump gives diplomacy another chance after oil spiked on Friday. The Brent Jan-27 contract rose 1.6% last week. It traded in a range of $109.02 – 114.29/b and closed the week at $113.43/b while. The Brent Dec-26 contract…
Under Allhelgonahelgen nådde Forsmarks kärnkraftverk den historiska milstolpen 1000 terawattimmar (TWh) producerad el. Det motsvarar hela Sveriges totala elbehov under drygt sju år.
”Forsmark är Sveriges största elpro…
Under oktober har skillnaden mellan vad svenska elkunder betalat för sin el varierat kraftigt beroende av var i landet man bor och vilken kraftproduktion som finns i området. Vattenkraftspotentialen i norr ligger på norm…
Ksi Lisims LNG, en kommande exportterminal nordvästra Kanada, har slutfört ett avtal om leverans av naturgas till det tyska energibolaget Securing Energy for Europe (SEFE).
Enligt ett bindande köp- och försäljningsavt…
A slight pause after a rally to a high of $117.45/b last Friday. But market is on edge. The Brent Dec-26 contract has paused a little over the past two days with a price this morning of around $116.5/b. That is a strong…
Naturgas är den energiråvara som driver stora delen av världens samhällen och företag. Det är en stor råvara för elproduktion, inte minst i takt med att sol- och vindenergi har byggts ut. Det är också en energiråvara som…
Brent higher last week and today as fresh attacks by Iran and the Houthis shattered a sense of temporary normality exports from the Persian Gulf. Brent crude traded in a range of $97.06 – 105.92/b and closed the week at…
EU-kommissionen har utsett Viscariagruvan i Kiruna, som planeras öppna 2028, till ett strategiskt projekt enligt Critical Raw Materials Act (CRMA). Beslutet bekräftar gruvans betydelse för Europas försörjning av koppar.…
Miljöpartiet i England och Wales slutar vara motståndare till kärnkraft, detta efter en omröstning bland medlemmar. Det är en kraftig omsvängning för partiet. Man är inte entusiastiska anhängare av kärnkraft nu, men man…
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Abu DhabiHuvudstad i Förenade Arabemiraten och i emiratet Abu Dhabi
Jan OhlssonSvensk barnskådespelare
Christopher WallerAmerikansk docent, professor, nationalekonom, företagsledare och statstjänsteman
John FredriksenNorsk-cypriotisk affärsman
Eli Lilly2 nyheter
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