Latest news
Daily (15.02.2017): German spot power prices up 10% on weak wind output
Crude oil prices rebounded on Tuesday, spurred by an OPEC-led effort to slash prices. However, this effort was undermined by rising production in the United States, which kept prices within the narrow range.
read more... 15/02/2017
EIA: US shale oil production to soar by 80,000 barrels a day in March
The EIA forecasts U.S. shale oil production to rise in March at the highest pace since May last year, given that energy companies are increasing their drilling activities, taking advantage from crude prices hovering over $50 a barrel.
read more... 14/02/2017
Daily (14.02.201): Crude oil benchmarks hit the largest percentage decline since Jan.18
Crude oil prices tumbled by about 2 percent, the lowest level since mid-January, dragged down by a stronger dollar and evidence of increasing U.S. crude output.
read more... 14/02/2017
Polish refiner Lotos targets a long-term oil supply agreement with Iran
Poland's second-largest oil refiner Lotos is interested in obtaining a long-term supply deal with Iran once it accomplishes a new coking division at its Gdansk refinery next year, as stated by its chief executive.
read more... 13/02/2017
Daily (13.02.2017): Oil up on OPEC landmark deal compliance
Crude oil prices closed the Friday’s session higher on evidence that OPEC members achieved more than 90 percent of output reductions under a landmark deal that took effect in January.
read more... 13/02/2017