Latest news
Russia: Gazprom announces that gas supplies to China might launch next decade
Russia's major gas producer Gazprom made known on Wednesday its gas supplies to China might launch two years later than initially announced 2019.
read more... 27/08/2015
Daily: Oil prices recovered but still close to 6-1/2 year lows
Crude oil futures increased on Wednesday, but were still close to 6-1/2 year lows after China's central bank moved to support the country's stumbling economy, while worries about a supply overabundance reduced gains.
read more... 26/08/2015
Daily: Brent and U.S. oil touch new 6-1/2-year lows on China and oversupply
Brent and U.S. crude futures touch new 6-1/2-year lows on Monday to decrease below the latest supports of $45 a barrel and $40 a barrel respectively since investors worry that a decelerating Chinese economy will lead to reduced demand amidst a global supply surplus.
read more... 24/08/2015
Daily: Benchmark German electricity prices decrease to close to 12-year low
Oil prices restarted their downward trend on Friday pulled lower by weaker global stock markets and a sharp reduction in China's manufacturing activity, with the U.S. benchmark on the way to its elongated weekly losing strip since 1986.
read more... 21/08/2015
Daily: European spot electricity prices jump on lower wind output in Germany, higher electricity demand in France
Crude oil prices increased on Tuesday, with WTI crude soaring as much as 2 percent, spurred by optimistic economic figures and bets for weaker crude inventories in the United States, the largest oil consumer in the world. WTI crude rose by 75 cents to settle at $42.62 a barrel. Brent, the London-traded global benchmark for oil, boosted 7 cents to settle at $48.81, snapping a three-day loss. Brent declined initially on Tuesday morning after a stock market collapse in China, the No. 2 oil consumer.
read more... 19/08/2015