Crude oil prices lost 1 percent on Monday as signs of a strong rebound in U.S. drilling activity eclipsed news that OPEC and non-OPEC producers were likely to meet output reduction objectives.
read more... 24/01/2017
Crude oil prices surged more than 2 percent on Friday on expectations that weekend‘s meeting of the world largest oil producers would establish a mechanism to verify compliance with a deal to reduce 1.8 million barrels per day (bpd) of output.
read more... 23/01/2017
Spanish LNG terminal operator Enagas announced on Thursday that Spain hit a new record high in daily gas demand on Wednesday.
read more... 20/01/2017
Oil prices jumped on Thursday, but increasing U.S. crude stockpiles limited the rally from a one-week low after the International Energy Agency mentioned that oil markets had been reducing even before cuts agreed by OPEC and other producers took effect.
read more... 20/01/2017
Oil prices decreased on Wednesday to their lowest level in a week, due to a strong dollar and prospects that U.S. producers would increase production, at the same time as OPEC's output was down from a record high. Brent has ended the session at $53.92 per barrel, down $1.55 or 2.79 percent, while U.S. crude settled at $51.08, down $1.40, or 2.67 percent. Before the settlement, both contracts dropped to their lowest level in a week.
read more... 19/01/2017