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Daily energy Overview, Monday, June 06, 2011
Crude oil futures were mixed on Friday after a volatile trading, with Brent crude up supported by a weaker dollar and the turmoil in the Middle East countries, and U.S. crude futures down weighed down by disappointing US unemployment data.
read more... 06/06/2011
Daily energy Overview, Friday, June 03, 2011
Crude oil futures went up on Thursday in volatile trading as the dollar weakened and the euro surged on news about a new program for debt-laden Greece. U.S. crude for July delivery traded at 100.40 dollars a barrel, up 11 cents, after a trading range between 98.46 and 100.90 dollars, while ICE Brent crude for July delivery settle at 115.54 dollars a barrel, up 1.01 dollars, trading from 113.74 to 115.83 dollars.
read more... 03/06/2011
UK nuclear power plants to pass a “stress test”
In the wake of German nuclear energy phase out, British nuclear power plants have to pass a “stress test” starting next month. European safety regulators have agreed on the assessment of all nuclear plants against risks caused by natural disasters starting June 1st.
read more... 03/06/2011
Daily energy Overview, Thursday, June 02, 2011
U.S. and Brent crude futures continued to fall on Wednesday in post settlement trading following revealed API data that indicated an unexpected increase in American crude stockpiles last week. By 20:45 GMT, NYMEX crude for July delivery traded at 99.68 dollars a barrel, down 3.02 dollars, while ICE Brent for July delivery traded at 114.10 dollars a barrel, down 2.63 dollars.
read more... 02/06/2011
German nuclear phase out will cause intensified CO2 emissions
According to analyst’s points of view, the Chancellor Angela Merkel's ruling coalition decision to phase out all Germany's nuclear reactors by 2022 will contribute to bigger CO2 emissions by an estimated 40 million tones, as Germany will switch to fossil fuels.
read more... 02/06/2011