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Daily: British gas prices ease on Rough outage, EU referendum
Crude oil prices ended 2 percent higher after a volatile session on Thursday, as investors were less preoccupied about the future of global economy after the last pre-vote opinion surveys indicated Britain will not quit the European Union. Brent crude rose $1.03, or 2.1 percent, to settle at $50.91 a barrel. U.S. crude closed at $50.11 a barrel, up 98 cents. Both contracts jumped in the last few minutes of trading.
read more... 24/06/2016
Daily: Crude oil prices loss ground in choppy trading before Brexit vote
Crude oil prices declined on Wednesday after the U.S. government unveiled a smaller-than-expected stockpile drawdown and as investors were preoccupied about Britain's upcoming vote on whether to stay in the European Union. Brent contract for August delivery lost 74 cents, or 1.5 percent, to settle at $49.88 a barrel. U.S. crude futures initially rebounded to a session high of $50.22 a barrel before falling to a settlement of $49.13, though were still firm versus the previous close of $48.85.
read more... 23/06/2016
Latvia authorizes plan to separate gas utility Latvijas Gaze
Latvia's parliament authorized on Thursday in a final vote a proposal to separate the country's vertically integrated national utility Latvijas Gaze by the end of December 2017 and to open its gas market for competition.
read more... 12/02/2016
British lawmakers to approve shale gas fracking beneath national parks
British MP’s voted on Wednesday to allow fracking for shale gas under national parks, defeating a decision against fracking in national parks previously this year.
read more... 17/12/2015
Daily: Crude oil plunges 8% on Greek vote to reject austerity measures
Crude oil prices plunged by about 8 percent on Monday, registering the largest selloff since five months, as Greece’s vote to reject tough economic bailout conditions and China's stock market woes trigged a deepening spiral of losses. The slump was also encouraged by a potential nuclear deal in Iran, which could result in supply glut on oil market. U.S. crude closed at $52.53 a barrel, down $4.40 or 7.7 percent, from its settlement on Thursday and below the 100-day moving average, the biggest percentage drop in a day since early February. Brent crude crashed $3.78, or 6.3 percent, to settle at $56.54, also below the 100-day average.
read more... 07/07/2015