Oil prices closed higher on Friday after hitting three-year peaks, because of a weaker U.S. dollar. Brent crude increased by 0.1%, or 10 cents, to end at $70.52 per barrel. Meanwhile, WTI crude settled 1% up at $66.14 a barrel.
read more... 29/01/2018
The EU has decided to invest €873 million (£764.7million) in energy infrastructure projects.
read more... 26/01/2018
Oil prices increased on Tuesday, buyout by strong world economic growth prospects and forecasts for continued output reductions by OPEC, Russia and their allies.
read more... 24/01/2018
Oil prices slumped on Friday and broke a four-week winning streak after a rally that had taken benchmarks to three-year peaks, as investors sold positions on re-emerging U.S. output worries.
read more... 22/01/2018
Oil prices slipped on Thursday on a bounce-back in U.S. output, but continuing declines in crude inventories limited losses in the market. Brent crude futures traded 7 cents, or 0.1%, lower at $69.31. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures was almost constant at $63.95 a barrel.
read more... 19/01/2018