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Daily: Crude oil declines for a third consecutive session on Iran nuclear negotiations
Crude oil declined for a third consecutive session on Tuesday, with Brent crude posting a 12 percent loss for the month, as world powers started to negotiate intensively a nuclear deal with Iran that could bring an additional 1 million barrels per day back online in the coming months. Brent oil dropped $1.18, or 2.1 percent, to settle at $55.11 a barrel, after decreasing to $54.72 during the session. WTI crude decreased $1.08, or 2.2 percent to close at $47.60, off its earlier low at $47.28.
read more... 01/04/2015
Daily: British prompt gas prices decline on stronger flows, a supply glut in the system
Crude oil closed down for a second consecutive session on Monday as Iran and six world powers accelerated the pace of negotiations to reach a nuclear deal with Tehran that could ease Western sanctions and allow OPEC member to carry crude into an already flooded market. Benchmark Brent oil declined 12 cents to settle at $56.29 a barrel, after slipping $1.21 earlier. WTI crude dropped 19 cents to settle at $48.68, having fallen by $1.26 earlier.
read more... 31/03/2015
Daily: Oil prices plunge 5 % as investors turn their attention to talks for a potential Iran nuclear deal
Crude oil prices declined 5 percent on Friday, wiping out the previous session’s gains, since it was less probable that Yemen’s conflict will cut Middle East crude shipments and investors turned their attention to talks for a potential Iran nuclear deal that could add supply on the market. Benchmark Brent and U.S. crude oil traded most of the session in a tight range, down about 2 percent, but they dropped considerably in late trading. Brent declined by $2.78 to settle at $56.41 a barrel. WTI crude slipped $2.56 to close at $48.87.
read more... 30/03/2015
France’s EDF envisages to take stake in Areva
French energy conglomerate EDF is thinking about taking a stake in struggling nuclear power group Areva, as reported by business daily Les Echos.
read more... 27/03/2015
Daily: Crude oil prices settle up on dollar depreciation
Crude oil prices recovered on Friday, with Brent snapping two consecutive weeks of losses and WTI crude boosting 4 percent following dollar depreciation on interest rate uncertainty. Oil prices also received support from Iran’s ambition to strike a nuclear deal with world powers. Brent price for front-month delivery rose by 89 cents, or 4 percent, to settle at $55.32 a barrel. It posted a 1.2 percent gain on the week. U.S. crude for April delivery increased by $1.76, or 1.6 percent, to close at $45.72. It gained 2 percent on the week.
read more... 23/03/2015