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Daily: Brent North Sea crude slips after Iran nuclear deal
Brent crude prices dropped more than two percent on Monday after an important deal between world powers and Iran over its controversial nuclear programme. Last week, Iran agreed to slash its nuclear programme for the next six months in exchange for limited sanctions relief.
read more... 26/11/2013
Daily: European power prices tumble on weaker demand, ample solar supply
Brent crude futures declined below 108 a barrel on Thursday following expectations that the U.S. Federal Reserve will curb its massive economic stimulus and world powers will conclude a preliminary deal with Iran over its nuclear programme.
read more... 22/11/2013
Daily: German, French power contracts diverge at 11.50 euro gap
Brent crude oil boosted by more than $1 a barrel on Wednesday after an American official said it would be "very hard" to reach a nuclear agreement with Iran this week. U.S. oil prices dropped late in session after the U.S. Federal Reserve suggested it may increase its monetary stimulus program, a move that could hit oil demand.
read more... 21/11/2013
German government agreed on a temporary ban for shale gas
Germany is probable to have important reserve deposits and is at the forefront of the shale gas disputes in Europe. Public concerns and the conclusions of studies on hydraulic fracturing, as well as stalled legislation going into the federal elections, have slowed the pace of shale gas exploration, but Germany's nuclear phase-out will create a need for energy from other sources.
read more... 15/11/2013
Daily: Brent crude increases on the failure to reach Tehran's nuclear deal
Brent crude oil prices boosted more than $1 per barrel on Monday after Iran and six world powers decided to resume nuclear talks on November 20. Brent settled $1.28 per barrel higher at $106.40, after trading as high as $106.47. Meanwhile, U.S. crude settled 54 cents higher at $95.14 a barrel, after touching a high of $95.38. The contract breached the 10-day moving average of $95.26 in intraday trading for the first time in three weeks.
read more... 12/11/2013