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Ukraine boosts gas imports from European countries
Ukraine has boosted its daily imports of natural gas from Europe to 53.3 million cubic metres (mcm) from around 50 million, stated Ukrainian state-run gas transport company Ukrtransgaz.
read more... 30/09/2016
Daily: Crude oil prices surge on OPEC agreement to limit output to tackle supply glut
Crude oil prices soared over 1 percent on Thursday on optimism over OPEC’s first scheduled output reduction in eight years, although oil paired gains as some analysts were skeptical that the production freeze would be enough to cope with the supply glut. Brent crude rose by 55 cents, or 1.1 percent, at $49.24 a barrel. It attained a three-week high at $49.81. U.S. West Texas Intermediate crude inched 78 cents up, or 1.7 percent, to settle at $47.83 after a one-month high at $48.32.
read more... 30/09/2016
Daily: Crude oil soars after OPEC deal to slash oil production in November
Crude oil ended up 6 percent on Wednesday after OPEC reached an agreement to curb crude output at its policy meeting in November. Brent crude rose by $2.72, or 5.9 percent, to settle at $48.69 a barrel, attaining a more than two-week high of $48.96. WTI crude boosted $2.38, or 5.3 percent, to close at $47.05 a barrel.
read more... 29/09/2016
Daily: Increase in wind power production hits German spot
Oil futures reduced by approximately 3% on Tuesday after both Iran and Saudi Arabia played down anticipations for an agreement to freeze or cut crude output at the thoroughly watched informal OPEC meeting on Wednesday.
read more... 28/09/2016
Daily: European forward power prices at highest level in 10 weeks, spurred by firmer coal, spot power
Crude oil prices ended up 3 percent on Monday on renewed hopes that top crude exporters might make progress on a deal to limit production. The world’s major producers met in Algeria to discuss ways to prop up prices. Brent crude futures rose by $1.46, or 3.2 percent, to settle at $47.35 a barrel after fluctuating between $45.74 and $47.66. U.S. West Texas Intermediate (WTI) crude futures advanced $1.45, or 3.3 percent, to settle at $45.93 after a session high of $46.20 and low of $44.43.
read more... 27/09/2016