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Daily (31.01.2016): European spot power prices surge on modest wind output, strike in France
Crude oil prices tumbled on Monday as news of another weekly rise in U.S. drilling activity worried traders that production cuts from other producing nations may not be able to slash the global supply glut as much as had been expected.
read more... 31/01/2017
Daily (30.01.2017): Crude oil prices lose ground on increasing U.S. drilling activity
Crude oil prices retired on Friday, prolonging losses after figures indicated drilling is increasing in the United States, triggering investor concern about how effective OPEC and other producers will be at supporting prices by reducing supplies.
read more... 30/01/2017
Daily (27.01.2017): Oil up 2% on stock market, but U.S. supply limits gains
Oil prices rose 2 percent on Thursday, supported by the constant rally in the U.S. stock market, even though gains in crude futures were capped by significant inventories in spite of efforts by producers to cut output. U.S. light crude futures increased by $1.03 to close at $53.78 a barrel, while Brent crude jumped by 2.1%, or $1.16, to settle at $56.24.
read more... 27/01/2017
Azerbaijan to ramp up gas production, lower oil in 2017
Resource-rich Azerbaijan is envisaging producing more gas and less oil in 2017, according to the energy minister Natiq Aliyev.
read more... 26/01/2017
Daily (26.01.2017): European spot electricity prices dip on stronger wind output, warmer weather
Crude oil prices tumbled less than 1 percent on Wednesday on figures showing an increase in U.S. crude stockpiles, reinforcing the view that oil prices are moving within a relatively tight range, spurred by expected OPEC production cuts, while dragged down by growing U.S. output.
read more... 26/01/2017