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Daily: UK gas prices drop on milder weather
U.S. crude oil prices settled at the lowest level in more than three months on Thursday as inventories in the Cushing, Oklahoma, started to reverse a months-long drop, and as signs of progress in negotiations over Iran's nuclear program also added pressure on prices. Meanwhile, front-month December Brent crude settled $1.48 lower at $109.11 per barrel and U.S. oil closed $1.62 per barrel lower at $100.67, the lowest settlement price since July 2.
read more... 18/10/2013
Daily: Brent drops below $111 on Iran’s nuclear proposals at Geneva
Brent crude decreased below $111 per barrel on Tuesday after Iran’s proposal over its nuclear programme at talks in Geneva, while the possibility of a U.S. debt deal in Washington added some support. Brent dropped 54 cents at $110.50 a barrel at 09:56 GMT, after settling down in the two previous sessions, while U.S. oil was down 58 cents at $101.83 a barrel, after closing 39 cents higher.
read more... 16/10/2013
Daily: Crude oil prices drop on Iran’s nuclear negotiations hopes
Crude oil prices slipped in choppy trading on Wednesday after a report showing that the Iranian foreign minister will start negotiations over Tehran's nuclear program, reviving hopes.
read more... 26/09/2013
Daily: Brent crude trades higher near $111 as Fed keeps monetary stimulus
Brent crude increased towards $111 a barrel on Thursday, prolonging gains for a second day after the United States kept its monetary stimulus programme intact, spurring global equities and commodity prices. Brent crude for November delivery gained 28 cents to $110.88 a barrel by 02:38 GMT, while U.S. crude settled at $108.59, up 52 cents.
read more... 20/09/2013
Iran’s new President in serious negotiations with the West to end nuclear dispute
After his victory at elections in June, Iran’s new President Hassan Rohani said that Iran was ready for serious talks over its nuclear program, in a move which aims to eliminate all sanctions in place against Iran. It added that he would not give up with Iran's rights, but he wants to alleviate Western worries.
read more... 15/08/2013