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Daily – US crude up, snaps 5-day losing streak on jobs

U.S. crude oil futures increased on Friday as a sudden increase in U.S. jobs in January supported recent signs of improving economic growth and increased hopes for better oil demand going forward. NYMEX crude for March delivery traded at 97.84 dollars a barrel, up 1.48 dollars.

read more... 06/02/2012

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Daily- UK gas hits one-month high on colder weather

Brent crude increased above $111 on Friday on steady demand expectations due to a list of positive indicators provided by U.S. showing an economic growth in the world's top oil consumer, following the U.S. Federal Reserve promises to keep interest rates low for 2014.

read more... 27/01/2012

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Russia reveals an ambitious coal-mining industry development program

Russia has recently revealed its plan to soar its annual coal production by 30% to 430 million tons by 2030, in order to meet the increasing domestic and international demand.

read more... 26/01/2012

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Daily – U.S. and Brent prices down on euro zone worries

U.S. and Brent crude oil futures decreased on Friday as investors awaited a potential debt restructuring deal seen sparing Greece from a messy debt default and as signs of low factory activity in China stirred up demand worries.

read more... 23/01/2012

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Daily – gas prices down near 2012 lows

U.S. crude futures decreased on Thursday as lasting low demand and firm technical resistance countered optimism about the euro zone tackling its debt problems and a report indicating a drop in the U.S. crude stockpiles. NYMEX crude for February delivery traded at 100.39 dollars a barrel, losing 20 cents after a trading range from 100.07 and 102.06 dollars.

read more... 20/01/2012

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