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Daily: British spot gas prices climb on lower wind output, robust demand
Crude oil prices ended flat on Wednesday, erasing most of the day’s gains, losing momentum, after U.S. government data unveiled crude stockpiles hit all-time high records despite strong refinery runs. U.S. crude futures rose 4 cents to close at $38.32 a barrel. Brent crude's front-month edged 12 cents higher to settle at $39.26, retreating from a session peak of $40.61.
read more... 31/03/2016
Daily: Electricity spot prices increase on robust demand and decline in renewables
Crude oil prices declined about 3 percent on Tuesday, mirroring intensifying concerns that a two-month hike vanished as demand fails to keep pace with oversupply, including new output from Kuwait and Saudi Arabia. Brent crude eased $1.13 to settle at $39.14 a barrel, while U.S. crude lost $1.11 to close at $38.28 per barrel.
read more... 30/03/2016
Daily: European spot, forward prices post a weak trend as demand falls
Crude oil prices declined 4 percent on Wednesday, with WTI crude closing below the key $40 per barrel threshold after sixth consecutive week of record highs in inventories that could cut the market's two-month long hike. U.S. crude futures eased $1.66, or 4 percent, to settle at $39.79 a barrel. It was the largest one-day decline for the front-month contract in U.S. crude since February 11, when prices plunged to a 12-year low of $26.05. Brent crude futures lost $1.32, or 3.2 percent, to trade at $40.47 a barrel.
read more... 24/03/2016
Daily: Crude oil prices hit the highest level in 2016 amid output freeze hopes
Crude oil prices soared to 2016 highs on Thursday, with WTI crude increasing 5 percent to break the $40 threshold, on optimism that top producers will reach an output freeze deal next month amid boosting crude exports and gasoline demand in the United States. On Thursday, the front-month in U.S. crude's West Texas Intermediate (WTI) futures rose $1.74, or 4.5 percent, to settle at $40.20, after attaining a 2016 high of $40.26. Brent crude's front-month increased $1.21 to close at $41.54, after earlier attaining the year's high of $41.60.
read more... 18/03/2016
German Nordex posted bigger-than-expected sales in 2015 amid strong demand
German wind turbine supplier Nordex SE registered higher-than-expected sales for 2015, spurred by robust demand for its wind turbines in its core market Europe.
read more... 26/02/2016