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Daily: German year-ahead power contract hits an eight-year low
Brent crude futures traded below $101 a barrel on Monday, hit by a stronger dollar and worries about passive growth in demand for oil in the United States and China. Meanwhile, Brent crude dropped 25 cents at $100.66 a barrel by 02:41 GMT on Monday and U.S. oil slipped 9 cents to $93.60 a barrel.
read more... 25/06/2013
Daily: UK gas prices dropped to the lowest level since October 2012 on oversupply
Oil crude prices slipped for a second straight day in choppy trade on Friday, with Brent registering its highest two-day decline since September as the U.S. dollar rallied, raising traders’ concerns over slower oil demand in China and reduced investor demand in the Unites States.
read more... 24/06/2013
EIA: Natural gas demand to slow by 2018
The IEA has currently released a new report according to which the natural gas demand for power generation will slow in the next five years because of a decline in EU demand and problems in the Middle East and Africa with upstream production boost.
read more... 21/06/2013
IEA: Coal demand will continue to grow in the next years to come
According to a new report recently released by the International Energy Agency (IEA) coal could become the world's top energy source by 2017 along with oil. The IEA expects an increase in coal demand all over the world except the US, where natural gas is replacing the black mineral as feedstock for the production of electricity.
read more... 14/06/2013
BP: Global energy demand is slowing
In its annual analysis of the world energy market, the energy company BP PLC said growth in energy consumption slowed last year because of the economic recession.
read more... 13/06/2013