Latest news
Refiners join the port strike in France.
Refiners from the Ineos, British chemical company, joined the strike along with the port workers in what is the eleventh day of protests against a port reform and Nicolas Sarkozy’s pension reform.
read more... 08/10/2010
Daily Energy Market Overview 10.07.2010
Oil was up on Thursday. At 06:45 GMT, November U.S. crude increased by $0.67 arriving at $83.90 per barrel, while ICE Brent climbed to $85.62 per barrel.
read more... 07/10/2010
TNK-BP wants to expand further.
The Russian company that is a mixture between BP and Russian investors is looking to acquire BP’s assets in Algeria, after entering negotiations for other BP assets in Vietnam and Venezuela.
read more... 07/10/2010
Daily Energy Market Overview 10.06.2010
Oil prices have changed a little on Wednesday. At 06:08 GMT, the November contract increased by $0.02 arriving to $82.84 per barrel on Wednesday, while ICE Brent for November dropped by $0.02 at $84.82 per barrel.
read more... 06/10/2010
Strike continues in French port and could cause shortages.
The French port of Fos-Lavera near the Mediterranean port of Marseille remains blocked, as more tankers with crude and oil products wait.
read more... 06/10/2010