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Daily: European spot electricity prices diverge, with German contract up amid lower winds forecasts
Crude oil prices ended little changed on Thursday after hesitating the whole session between the negative influence of a strengthening dollar and the persistent speculation of a consequent decrease of the supply following the OPEC’s agreements. Brent futures for February delivery rose by 12 cents, or 0.2 percent, to settle at $54.02 per barrel, while U.S. crude lost 14 cents, or 0.3 percent, to settle at $50.90, its lowest level in a week.
read more... 16/12/2016
Daily: UK gas prices gain on forecast for colder weather
Oil prices hit one-month lows on Monday after falling around 3 percent on uncertainties about OPEC's ability to implement its planned output reductions, with the market further influenced by expectations that the cartel had record production in October.
read more... 01/11/2016
Daily: Oil drops by 2% to settle at $48.70 on Friday, the biggest weekly loss since mid-September
Oil
Oil prices reduced on Friday on uncertainties about OPEC's planned production cut. Experts of Organization of the Petroleum Exporting Countries and counterparts from non-member producers such as Russia initiated two-day negotiations on Friday on curbing output to reduce a global glut that has influenced the markets for two years.
read more... 31/10/2016
Daily: British spot gas prices edge higher on undersupplied market
Crude oil prices rose by 1 percent in a volatile trade on Thursday, with U.S. crude attaining six-month highs as investors were influenced by a forecast for weakening global supplies against signs of another stockpiles increase at the hub for U.S. crude futures. Brent crude futures edged 48 cents up at $48.08 per barrel. U.S. crude's WTI futures boosted 47 cents to close at $46.70. It rallied to a six-month high of $47.02.
read more... 13/05/2016
Daily: Oil prices drop on China economic woes, increasing OPEC supply
Oil prices dropped for a second session in Asian trade on Tuesday since worries about major energy consumer China and increasing oil supply influenced markets, even though potential negotiations between OPEC and Russia on production cuts offered certain support.
read more... 02/02/2016