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Daily: British spot gas prices decline on warmer weather, Rough outage

Oil prices tumbled for a second day on Tuesday, receding further from the year's highs reached the previous week, as increasing production renewed worries about the global glut of crude, the U.S. dollar recovered and equity markets weakened. Brent crude futures eased 86 cents, or 1.9 percent, to settle at $44.97 a barrel. U.S. crude's West Texas Intermediate (WTI) futures declined $1.13, or 2.5 percent, to close at $43.65.

read more... 04/05/2016


Daily: European spot power prices up on tighter supply, while forward down tracking coal, carbon

Crude oil prices closed down on Thursday after figures showed robust weekly stockpiles at the U.S. crude storage hub despite a pipeline outage, but prices pared losses on short covering, indicating more volatility ahead. Brent futures eased 41 cents, or about 1 percent, to settle at $39.43 a barrel, backtracking losses from the session low that saw Brent down more than $1, or nearly 3 percent. WTI crude futures ended down 49 cents at $37.26, after plunging as low as $36.69.

read more... 08/04/2016


Norway: Grid operator orders temporary reduction in electricity consumption in Oslo

Norwegian grid operator Statnett on Friday ordered a provisional cut of electricity consumption by industries in Oslo from Sunday to avoid a power outage after a blackout that affected parts of the capital on Wednesday.

read more... 23/11/2015


CEZ intends to bring idle reactors back on line this year

Czech electricity producer CEZ intends to bring all three idle units at its Dukovany nuclear electricity station back online this year to end continued outages that cut into 2015 earnings.

read more... 12/11/2015


Daily: UK spot gas rebound on lower imports from Norway, outage at gas terminal

Crude oil markets declined on Wednesday, with WTI crude futures falling 4% after optimistic impact from weaker crude inventories was compensated by a large increase in gasoline, intensifying concerns about robust autumn fuel supplies. Brent crude tumbled $1.33, or 2.7 percent, to settle at $47.75 a barrel. WTI crude shed $1.88, or 4.1 percent, to close at $44.48.

read more... 24/09/2015