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Daily: Prompt gas prices in Britain decline as firmer supplies eclipsed demand
Crude oil prices rebounded in volatile trading on Friday, but Brent posted its largest weekly decline in nearly six months, as optimistic U.S. jobs data, but pressured by the increasing number of wells in operation in the U.S. Brent crude futures closed the session up 36 cents, or 0.8 percent, at $46.76 per barrel, after trading between $47.23 and $46.15. U.S. crude's West Texas Intermediate (WTI) futures rose by 27 cents to settle at $45.41, compared with an earlier decline to $44.77 and a peak of $45.97.
read more... 11/07/2016
Russian Novatek breaks the ice in the LNG spot market, with the first cargo in Chile
Novatek, the second largest gas producer in Russia, unveiled it has supplied its first spot LNG cargo. It was sourced from the Trinidad & Tobago Atlantic LNG plant and delivered to the Chilean port Quintero.
read more... 08/07/2016
Noble Energy to sell 3% stake in Israel’s Tamar field
Harel Insurance & Finance and the Israel Infrastructure Fund (IIF) agreed to buy a 3% share in the Tamar natural gas field from Texas-based Noble Energy, at a base price of $369 million.
read more... 07/07/2016
Danish gas exchange Gaspoint Nordic to join European platform Pegas
Danish gas exchange Gaspoint Nordic will join the Pegas platform this year, operated by French energy bourse Powernext. Denmark will be the first Scandinavian country on the platform.
read more... 07/07/2016
Daily: Crude oil rebounds almost 2% on optimistic U.S. economic data
Oil prices rebounded almost 2 percent on Wednesday as optimistic U.S. economic data spurred crude futures from two days of declines, although a gasoline oversupply and concerns about implications of Brexit suggested more pressure ahead. Brent crude rose by 84 cents, or 1.8 percent, to settle at $48.80 a barrel. U.S. crude futures increased 83 cents, or 1.8 percent, to close at $47.43.
read more... 07/07/2016