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Daily: European year-ahead coal prices at the lowest level in five years
U.S. oil futures settled higher on Wednesday following the publication of government data indicating an unexpected low increase in crude stockpiles and one more significant drawdown at the American benchmark's delivery hub, at Cushing, Oklahoma. Meanwhile, Brent prices were flat on concerns over slower growth in China, as its debt has reached record levels.
read more... 27/02/2014
Daily: Crude oil plummets on Chinese economy downturn, increase in U.S. crude inventories
Crude oil prices ended lower on Tuesday, dragged down by signs of a downturn in Chinese economy and an increase in U.S. crude inventories for the second consecutive week. However, Brent crude losses were capped by endless production outage in Libya and South Soudan, whereas U.S. light crude was pulled down by plummeting gasoline future prices amid weaker demand for the fuel.
read more... 26/02/2014
SunEdison keeps 127 MW of solar power regardless of revenue loss
The total revenue published by SunEdison for the fourth quarter of 2013 attained $551.2 million, or a decline of 8% year-over-year, according to Reuters. The decrease in profits of the semiconductor and solar technology company is primarily attributable to the fact that the firm had chosen to retain 127 megawatts of solar projects rather than to vend them.
read more... 24/02/2014
Daily: WTI price above 102$, set to hit the 6th weekly increase
U.S. crude steadied above $102 a barrel on Friday, likely to hit its sixth weekly increase, backed by robust heating demand in North America and since a new pipeline drew off supplies from Cushing, Oklahoma, the WTI contract's delivery point.
read more... 21/02/2014
France: CRE is looking for measures to reduce tensions on French gas market
French energy regulator CRE launched this week a public consultation with industrial players envisaging temporary measures and solutions aiming to curb the wholesale gas price gap between the north and the south of France, before the establishment of a unified market in 2018.
read more... 20/02/2014