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Daily: Brent crude closes flat, WTI crude increases on bullish economic data
Brent crude futures ended unchanged on Friday as growing supply and worries about weak demand for oil in Europe and China reduced concerns about the Middle East conflicts, while U.S. crude rallied on bullish economic data from the United States. Brent crude for November delivery settled flat at $97 a barrel, having fluctuated from $96.46 to $97.50, while U.S. November crude rose by $1.01 to settle at $93.54 a barrel.
read more... 29/09/2014
Daily: European prompt power prices decline on considerable drop in wind power capacity
Crude oil futures dropped on Monday as plentiful supply and declining economic growth in Europe and China eclipsed expectations of a reduction in oil production from the Organization of the Petroleum Exporting Countries (OPEC). Brent crude for November delivery eased $1.42 to close at $96.97 a barrel, having slipped $2.01 intraday to $96.38. The WTI October crude contract slipped 89 cents to settle at $91.52 a barrel and, down for a fourth consecutive session, while U.S. November crude closed at $90.87, down 78 cents.
read more... 23/09/2014
Daily: Brent hits the lowest level in over two years on weak economic data from China
Brent crude dropped below $97 per barrel on Monday, touching its weakest level in over two years, dragged down by pessimistic Chinese economic data which slashed outlook for demand at a time of plentiful supply. The Brent contract for October delivery, which expired on Monday, eased at $96.21 a barrel, the lowest level since July 2012, while the Brent contract for November delivery tumbled 8 cents a barrel to settle at $97.88. U.S. crude boosted 65 cents to finish at $92.92 a barrel.
read more... 16/09/2014
Daily: Thermal coal prices drop on lower demand
Brent crude decreased under $97 per barrel on Monday, a more than two-year low, since flat economic data from China, the world's major energy consumer, spread a shadow on the outlook for oil demand among plentiful global supplies.
read more... 15/09/2014
Daily: Thermal coal prices drop since oil declines below $100 and China demand weakens
Brent crude oil prices settled above $99 a barrel on Wednesday, close to a 16-month low attained a day earlier among fears about global oil demand.
read more... 10/09/2014