EUROPE POWER-Spot prices lifted by expectations of higher electricity demand

European spot electricity prices for day-ahead delivery rose on Monday boosted by an expected rise in electricity demand due to cold weather, while forward contracts posted gains on the back of higher carbon emissions permits and coal prices.

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March 2nd, 2020

Oil comes off lows as hopes of OPEC cut, stimulus counter virus gloom

Oil prices rebounded more than $1 a barrel after earlier hitting multi-year lows on Monday, as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.

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EUROPE POWER-Spot prices lifted by expectations of higher electricity demand

Oil comes off lows as hopes of OPEC cut, stimulus counter virus gloom

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