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Daily: European power prices pulled down by technical selling in the carbon market

Brent crude oil futures declined by more than $2 per barrel on Monday, close to reach six-weeks lows, as strong global supplies offset worries over perpetual tensions between Russia and the West powers concerning Crimea’s fate. The European benchmark closed $1.97 lower at $106.24 per barrel, after hitting an intra-session low of $106.16, the weakest level since February 6. Meanwhile, U.S. crude futures eased by as much as $1.52 to touch a session low of $97.37 per barrel before ending 81 cents down at $98.08 per barrel.

read more... 18/03/2014

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Daily: Brent crude prices settle higher ahead of Crimea referendum

Brent crude oil boosted over $1 on Friday ahead of the Sunday’s vote organized by pro-Moscow authorities, raising concerns that Crimea will chose to join Russia. U.S. crude oil also increased, but not so significantly, with gains being slashed by a surge in supply and weaker demand in U.S. and China, the biggest and second-biggest oil consumers.

read more... 17/03/2014

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Daily: Crude oil drops by about 2 pct as the threat of war in Ukraine receded

Crude oil dropped by about 2 percent on Tuesday after the Russian President Vladimir Putin said it is not seeking to escalate the conflict in Ukraine's Crimea peninsula, fading concerns of an eventual oil supply disruption from Russia.

read more... 05/03/2014

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Daily: Crude oil prices soar to five-month highs amid escalating tension in Ukraine

Crude oil prices surged by more than $2 a barrel on Monday to hit the highest level since September on escalating tensions between Ukraine and Russia which shook oil markets. Ukraine mobilized its army reserves as Russia seized control of the Black Sea region of Crimea.

read more... 04/03/2014

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Largest solar plant to be built in Ukraine

One of the largest solar power plants will be built in Southern Ukraine, in Okhotnykovo, Crimea that will produce annually 100,000 MWh of electricity. It will be the fourth most powerful solar park following Canadian Sarnia, Italian Montalto di Castro and German Finsterwalder.

read more... 27/10/2011

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