Latest news
Daily: UK gas prices tumble on oversupplied system
Brent crude oil futures traded steady at over $109 a barrel on Thursday as the market ignored a move by the U.S. Federal Reserve to curb its monetary stimulus programme, and remained focused on U.S. crude stock withdrawals. Brent crude declined 17 cents to $109.46 a barrel by 09:22 GMT, after ending $1.19 higher on Wednesday. Meanwhile, U.S. oil eased 3 cents to $97.77, after ending 58 cents up.
read more... 20/12/2013
Daily: Brent prices drop below $109 ahead of Federal Reserve meeting
Brent crude oil dropped below $109 a barrel on Tuesday, ahead of a U.S. Federal Reserve meeting during which the central bank may decide to slash its stimulus programme.
read more... 18/12/2013
Daily: Brent crude trades higher on uncertainty about Libya port restart
Brent crude oil increased in the oscillating trading ahead of the January futures contract expiration on Monday, gaining support from uncertainty if oil ports in eastern Libya will resume exports. Meanwhile, U.S. crude futures dropped on Friday on expectations the Federal Reserve could announce a withdrawal of its bond-buying program as early as next week.
read more... 16/12/2013
Daily: European coal continued to skyrocket on record imports in Germany
Brent crude oil futures declined by more than $1 on Thursday as traders expected a jump in Libyan oil supply and expectations increase that the U.S Federal Reserve would soon start to unroll its stimulus program, which has backed commodity prices.
read more... 13/12/2013
Daily: Brent North Sea crude slips after Iran nuclear deal
Brent crude prices dropped more than two percent on Monday after an important deal between world powers and Iran over its controversial nuclear programme. Last week, Iran agreed to slash its nuclear programme for the next six months in exchange for limited sanctions relief.
read more... 26/11/2013