Crude posts largest one day gain since August 2 as manufacturing data outweighs inventory builds, US natural gas edges down, along with German power and coal for European delivery. EUAs and CERs boosted by equities and more expensive gas.
Crude settles lower on Federal Reserve news, recovering on weaker US dollar, economic data. Natural gas rises marginally, US power plant coal inventories flat. German power falls, dragging down coal prices with it. EUAs down, despite bullish Deutsche Bank forecast.
Crude falls as traders await US economic data, natural gas rises as US northeast heats up, thermal coal shipments at port of Newcastle down. EUAs and Cers buoyed up on German power and low volumes.
Traders looking to Federal Reserve speech for direction. Crude receives boost on Thursday from benefit data, despite fall in equities. Natural gas falls on inventory build, coal prices rise slightly on increased European demand. EUA and CER prices fall despite positive energy complex.
Oil rises despite rise in US inventories, natural gas drops below US$4/mBtu, puts pressure on coal prices. EUAs and CERs pushed up by German EUA auction.
Crude settles below US$72/bbl on housing report, recovers on weaker US dollar. European coal prices continue to drift down. EUAs and CERs gain, despite negative energy complex.
Crude sinks below US$73/bbl, cooler weather in the US drags natural gas and electricity production down, EUAs and CERs drop on profit taking.
Oil rebounds on weaker dollar, storm fears. Consumption at key Chinese coal-fired power plants up. CDM board axes HFC23 projects, EUAs settle above €15.00/t.
Crude edges up despite record US inventories, natural gas falls despite lower than expected injection into storage, coal prices edge up on technical factors, CER-EUA spread narrows to a new low on HFC23 project fears.
Total US oil and oil product inventories hit new high, oil prices recovering thanks to US and Asian equities, NYMEX natural gas trades lower on cooler temperatures, quiet storm season, coal prices edge up on higher buying.
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