Following a prolonged period of major daily price fluctuations, the Nordic energy market quietened down slightly last week, with smaller fluctuations. Nevertheless, the week did end overall with climbing prices both in short-term and long-term contracts thanks to the drier weather forecasts and increasing coal and carbon emission allowance prices. The Q1-18 contract climbed by EUR 0.45/MWh to EUR 49.00/MWh, while the YR-19 contract closed at EUR 39.55/MWh on Monday, EUR 0.27/MWh higher than last week. The liquidity in the market remains lower than normal.
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February 21, 2019. Thursday morning, the oil market is trading at the highest price level of the year so far. OPEC and Russia’s production deal appears to have had an effect on the market.
Sopiva riskienhallintastrategia on kannattava sijoitus
The downturn in the Nordic energy market continued last week, when the unusually mild weather conditions continued to overshadow all other factors in the market.