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Daily: European prompt power prices edge up on heatwave expectations
Crude oil declined by about 3 percent on Wednesday on forecasts that stronger exports from Iran will add to global oversupply and on increasing stockpiles at the delivery hub at Cushing, Oklahoma. Brent crude for August delivery dropped $1.46, or 2.5 percent, to close at $57.05 a barrel. The August contract expires on Thursday. WTI crude for August delivery shed $1.63, or 3 percent, to settle at $51.41.
read more... 16/07/2015
Daily: Oil prices drop since Iran agreement opens up potential for gradual export increase
Oil prices declined on Wednesday since the market prepared for a gradual hike of Iranian exports into an already overprovided market from 2016 after six world powers and Tehran came to a nuclear agreement on Tuesday.
read more... 15/07/2015
National Grid grants contracts for Britain-Norway electricity connection
Britain's National Grid has granted contracts totalling 1.5 billion euros ($1.7 billion) to firms implicated in building the first power link between Britain and Norway, as it stated on Tuesday.
read more... 15/07/2015
Daily: German spot power increased, while French declined before holiday
Oil prices dropped on Tuesday since Iran and six global powers arrived at a nuclear deal that might see a reducing of sanctions against Tehran and an ongoing raise in its oil exports just as Asian economies showed more signs of weakness.
read more... 14/07/2015
Daily: Oil prices dropped since Iran nuclear agreement seems probable
Oil prices dropped by around 3 percent on Monday since Iran and six world powers were near to settling a nuclear agreement and European leaders failed to agree a Greek bailout, taking the euro zone's debt crisis into another week.
read more... 13/07/2015