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Daily: Brent crude increases on the failure to reach Tehran's nuclear deal

Brent crude oil prices boosted more than $1 per barrel on Monday after Iran and six world powers decided to resume nuclear talks on November 20. Brent settled $1.28 per barrel higher at $106.40, after trading as high as $106.47. Meanwhile, U.S. crude settled 54 cents higher at $95.14 a barrel, after touching a high of $95.38. The contract breached the 10-day moving average of $95.26 in intraday trading for the first time in three weeks.

read more... 12/11/2013

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Daily: UK prompt gas prices slip on oversupplied market

U.S. crude futures increased by nearly $2 a barrel on Wednesday, recovering from four-month lows, on surprisingly large declines in U.S. fuel supplies to narrow its spread with European Brent crude by more than $1. Meanwhile, Brent traded higher, supported by concerns about prolonged supply outages in Libya as the peak northern hemisphere winter heating season emerges.

read more... 07/11/2013

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EDF’s sales up 6.9% in the nine months of 2013

French utility Electricite de France (EDF), the largest electricity generator in Europe and the biggest producer of nuclear power worldwide, registered an increase of 6.9 percent in its nine-month sales amid power prices increases.

read more... 07/11/2013

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Daily: U.S. crude oil at five-month low on high supplies

Brent crude oil dropped on Tuesday after reaching a fourth-month low in the previous session, while U.S crude oil futures closed at their lowest level in five months, dragged down by forecasts for increasing supplies and persisting weak demand as Gulf Coast refineries were expected to remain out of service at least by the end of this week.

read more... 06/11/2013

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Germany’s renewable energy sector

Germany's renewable energy sector is one of the most innovative and successful worldwide. The share of electricity produced from renewable energy in Germany has increased from 6% of the national total in 2000 to about 25 % in the first semester of last year.

read more... 01/11/2013

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