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Daily: Crude oil prices tumble in volatile spread trading
Crude oil prices plummeted on Wednesday in volatile spread trading following an increase in U.S. crude oil inventories to the highest level since June.
read more... 24/10/2013
U.S. carbon emissions plummeted at the lowest level since 1994
While the greenhouse gas emissions continue to increase worldwide, U.S carbon emissions plummeted to the lowest level since 1994, according to a report released by Energy Information Administration (EIA).
read more... 24/10/2013
EIA: Wind power could provide 18% of global electricity in 2050
A new report was presented by the International Energy Agency (IEA), according to which in 2050, wind power could increase almost eight to ten fold from current levels (2.6%), providing almost 18% of global electricity demand.
read more... 22/10/2013
Daily: British gas soars on weak North Sea supply
Brent crude oil futures traded steady above $110 a barrel on Monday on hopes the U.S. Federal Reserve would delay reducing its massive economic stimulus programme until next year, which could help encourage oil demand in the world's largest oil consumer. Brent crude futures for December delivery rose 10 cents to $110.04 a barrel by 03:43 GMT, while U.S. crude oil futures for November delivery increased by 3 cents to $100.84, after earlier boosting as high as $100.95.
read more... 22/10/2013
Daily: Crude oil prices up on weaker dollar, Chinese economy growth at fastest pace
Crude oil prices settle a little higher on Friday as China unveiled that its economy increased in the third quarter at its fastest pace this year, while the U.S. dollar weakened. On Friday, Brent crude closed 83 cents higher at $109.94 a barrel, while U.S. crude oil boosted 14 cents and settled at $100.81 a barrel.
read more... 21/10/2013