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Daily (10.03.2017): Crude oil plummets to the lowest level since OPEC deal
Crude oil prices dipped about 2% on Thursday in heavy trade, prolonging the previous session’s decline as record U.S. crude inventories intensified concerns about the effectiveness of the OPEC deal to curb a global oversupply.
read more... 10/03/2017
Daily (09.03.2017): Oil prices dropped by 5% at the lowest level this year
Oil prices registered on Wednesday a 5 percent decrease to their lowest levels this year as U.S. crude inventories jumped to a new record high, increasing worries that a global surplus might last even with OPEC trying to sustain prices with production cuts.
read more... 09/03/2017
Statoil vows to slash greenhouse gas emissions by 3 mln tonnes 2030
Norwegian energy giant Statoil pledges to cut its annual carbon dioxide emissions by 3 million tonnes a year by 2030 from 2017 levels and become more efficient as part of efforts to combat climate change.
read more... 09/03/2017
Daily (08.03.2017): UK prompt gas prices pressured by comfortable supply, lower demand
Crude oil prices closed little changed on Tuesday, as growing U.S. production expectations counterbalanced earlier gains after Saudi Arabia’s oil minister declared market fundamentals are recovering.
read more... 08/03/2017
Daily (07.03.2017): European spot power prices spurred by high demand, tighter supply
Crude oil prices evolved differently on Monday, with Brent gaining ground and WTI crude falling slightly on reports that Iraq would participate in output reduction if OPEC extended oil production cuts into the second half of the year.
read more... 07/03/2017