Latest news
Daily energy Overview, Monday, July 18, 2011
U.S. crude oil futures continued to rise on Friday as weaker dollar sparked more worries and as investors covered short positions before the weekend. NYMEX crude for August delivery settled at 97.49 dollars a barrel, up 1.80 dollars, after having hit earlier a high session level of 97.74 dollars.
read more... 18/07/2011
UK publishes a new electricity market reform
Yesterday, the U.K. government released its long-awaited Energy Market Reform White Paper which will decide the future of the energy industry for the next 20 years.
read more... 13/07/2011
Daily energy Overview, Friday, July 08, 2011
U.S. crude futures traded higher on Thursday as data about a better than expected situation in the private hiring sector and retail sales reports supported optimism that the economic growth was on the upturn direction.
read more... 08/07/2011
Daily energy Overview, Thursday July 7, 2011
U.S. crude oil futures rebounded on Wednesday after API data indicated a more-than-expected fall in domestic crude inventories during the previous week, while Brent prices were almost steady after the news of latest interest rate raise in China and a downgrade of Portugal’s credit rating against the outlook for higher energy demand in the second half of 2011.
read more... 07/07/2011
Japan nuclear power to pass safety tests
All Japanese nuclear power stations will pass several safety tests as to lower concerns sparked after the nuclear crisis caused by a fatal combination between a tsunami and an earthquake. The government ordered new safety controls of all 54’country’s nuclear reactors, with less details revealed about.
read more... 07/07/2011