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Daily energy Overview, Wednesday, May 04, 2011
U.S. crude oil futures continued to drop on Tuesday following a stronger dollar from a three-year low against a basket of currencies. U.S. crude for delivery in June traded at 111.05 dollars a barrel, down 2.47 dollars after a trading range from 110.30 to 113.22 dollars, while ICE Brent crude for delivery in June traded at 122.45 dollars, down 2.67 dollars after a trading range from 121.75 to 125.02 dollars.
read more... 04/05/2011
Daily energy Overview, Tuesday, May, 03, 2011
Crude oil futures traded lower on Monday in the wake of al Qaeda leader Osama bin Laden death. U.S. crude for delivery in June settled at 113.52 dollars, down 41 cents, after a trading range between 110.82 and 114.83 dollars, while the ICE Brent crude for delivery in June traded at 125.12 dollars a barrel, down 77 cents after a trading range from 121.67 to 126.54 dollars.
read more... 03/05/2011
Daily energy Overview, Friday, April, 29, 2011
U.S. crude oil futures traded higher on Thursday having reached the 31-month highest level after a volatile trading.
read more... 29/04/2011
British energy firms are forced to give 30 days’ notice of price hikes
Starting from yesterday, the British energy companies have been forced to give customers 30 days advance warning of future price hikes, said energy regulator Ofgem.
read more... 29/04/2011
Daily energy Overview, Thursday, April 28, 2011
U.S. crude futures increased on Wednesday after the Federal Reserve indicated that the U.S. central bank is in no hurry to tighten its monetary policy saying it will maintain extremely low U.S. interest rates. U.S. crude for delivery in June traded at 112.76 dollars a barrel, up 55 cents.
read more... 28/04/2011