Latest news
Daily: French and German electricity spot prices traded at par at 33.5 Eur/MWh
Crude oil dropped by 1 percent or more on Monday on a decline in Chinese demand and concerns that OPEC’s decision to hold its output threshold could prolong the actual oversupply, even if a weaker dollar slashed losses. Chinese imports slipped by more than 6 percent, against a 10 percent drop in exports. Brent crude lost 62 cents, or 1 percent, to settle at $62.69 a barrel. U.S. crude fell 1.7 percent, or 99 cents, to close at $58.14.
read more... 09/06/2015
Azeri SOCAR declares cannot export gas to Russia because of domestic demand
Azeri state energy firm SOCAR does not intend to recommence gas supplies to Russia this year due to increasing domestic demand, as stated by a senior SOCAR representative on Thursday.
read more... 05/06/2015
Daily: Crude oil prices gain ground amid concerns over Middle East turmoil
Crude oil prices rebounded on Monday as a robust global demand compensated a strong dollar, although a holiday in the United States and much countries of Europe reduced the trading activity. Crude oil was also spurred by signs that U.S. supply is easing and by fresh worries that violence in the Middle East will aggravate. U.S. crude stockpiles have declined for three consecutive weeks after having rallied to record highs last month.
read more... 26/05/2015
Daily: European prompt electricity prices as supply increases, German demand stable
Oil prices increased on Thursday, sustained by a drawdown in U.S. crude inventories even though weak China data and worries about excess oil supply limited price gains.
read more... 21/05/2015
Daily: European spot power prices firm on rebounding French, German demand
Crude oil decreased on Monday as a stronger dollar and worries of increasing oversupply weighted on the market after Saudi Arabia announced its highest crude exports since November 2015. Brent crude lost 54 cents to settle at $66.27, after hitting a high of $67.88. U.S. crude futures dropped 26 cents to close at $59.43 a barrel.
read more... 19/05/2015