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Daily Energy Market Overview, Tuesday, January 25, 2011
The U.S. crude stocks increased more than expected last week. Crude inventories went up by 2.1 million barrels last week as compared to the forecasted increase of 1.2 barrel, according to the Reuters report. According to the API data, U.S. crude futures eased 1.67 dollars to 86.20 dollars a barrel in the post settlement trade.
read more... 26/01/2011
Russian crude export duty might decline 3 percent in October
According to the Finance Ministry data and Reuters calculations, oil export duty for October in Russia may drop about 3 percent to between $265 and $267 per tonne following the decline in crude prices during the second half of August.
read more... 14/09/2010