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Daily: Crude oil futures settled down on weak data from China, U.S.
Crude oil futures dropped over 2 percent to end below $100 a barrel on Wednesday on pessimistic data from China which increased fears about world demand outlook and on a record level increase in U.S. crude oil inventories.
read more... 02/05/2013
Daily: European power spot up on weak wind supply, cold weather outlook
Crude oil futures boosted on Monday on optimistic expectations of further stimulus on both sides of the Atlantic, while U.S. crude extended gains on signs of improving demand and increasing exports.
read more... 30/04/2013
Daily: UK spot gas increases on higher demand, weaker oil prices
Brent and U.S. crude oil futures turned lower on Thursday in choppy trading following reports indicating that the future economic activity dropped in March and factory activity in the mid-Atlantic region eased in April.
read more... 19/04/2013
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... 18/04/2013
Daily: European carbon prices near collapse after the European Parliament vote
Crude oil prices slipped for a sixth consecutive session on Wednesday, with Brent crude dropping below $98 per barrel for the first time since July as increased U.S. fuel supplies weighted on overall concern about world oil demand. Meanwhile, Brent crude dropped $2.22 at $97.69, after declining earlier to $97.26, the lowest level since July 2012. U.S. crude settled down $2.04 to $86.68.
read more... 18/04/2013