August 7 Oil, Gas and Green Power Spot Prices: Brent Oil Jumps 4% in a Single Day Back to $82, Green Certificate Index Pricing Opens a New Chapter
From night trading on August 6 to early morning of August 7, international oil prices rebounded sharply, with Brent futures soaring 4.13% in a single day to $82.73/barrel, and WTI rising 3.78% to $78.06/barrel, ending the previous continuous decline caused by easing US-Iran tensions and OPEC+ production increases. This article reviews the roller-coaster oil price movements over the past week, analyzes the risks of the Strait of Hormuz, OPEC+ supply logic, and refined oil refining capacity contra
From night trading on August 6 to early morning of August 7, international oil prices rebounded sharply, with Brent futures soaring 4.13% in a single day to $82.73/barrel, and WTI rising 3.78% to $78.06/barrel, ending the previous continuous decline caused by easing US-Iran tensions and OPEC+ production increases. This article reviews the roller-coaster oil price movements over the past week, analyzes the risks of the Strait of Hormuz, OPEC+ supply logic, and refined oil refining capacity contra
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