Latest news
Daily: British wholesale natural gas hovers near three-year lows on low demand
Brent crude dropped towards $108 a barrel on Thursday, close to its lowest level in more than two weeks, as flat data in China, a possible oil increase in Libya's oil supply and record-high in U.S. stockpiles impacted prices. Brent crude for June delivery slipped 3 cents to $108.04 a barrel by 03:24 GMT, after a 0.8 percent decline in the previous session to end at its lowest settlement since April 11. Meanwhile, U.S. crude for June delivery declined 7 cents to $99.67 a barrel, after having decreased 1.5 percent on Wednesday to settle at its lowest level since April 2.
read more... 02/05/2014
Daily: Crude oil prices get support from geopolitical concerns
Crude oil prices increased on Tuesday as tensions increased in eastern Ukraine and obtaining further support from a sudden violence in Libya, raising questions when oil flows will restart. Brent crude futures for June delivery closed at $108.98 per barrel, increasing 86 cents, or 0.8 percent, after having hovered much of the day above $109 per barrel. Meanwhile, U.S. crude for June delivery gained 44 cents to settle at $101.28 per barrel, up 0.44 percent.
read more... 30/04/2014
France: 100,000 green jobs to be created in the next few years
Segolene Royal, chosen French energy and environment minister this month, declared on Friday she intended to create 100,000 jobs in the next three years aiming for renewable development.
read more... 28/04/2014
Daily: European carbon allowances near to one-month high on reduced supply
Brent crude futures increased over a dollar a barrel on Thursday on reciprocal incrimination of aggression by Ukraine and Russia, intensifying concerns over eventual oil supplies, while optimistic economic data in the U.S. showed stronger demand.
read more... 25/04/2014
Daily: European power prices rebound after Easter decline
Brent crude fell on Tuesday, but the losses were capped by continued worries about the intensification of conflicts in Eastern Ukraine, that could trigger further Western sanctions against Russia and cut supplies. WTI crude oil also declined on Tuesday ahead of figures that should indicate that stockpiles in the U.S. were close to hit record highs. The unequal decrease of West Texas Intermediate crude futures drove to the widening of the Brent-WTI spread by more than a dollar.
read more... 23/04/2014