Latest news
The “big six” energy suppliers in UK increased their profit margins to 50% over the cold season
After an investigation performed by Ofgem in November last year, they found out that six major energy suppliers from U.K. increased their profit by 50% during the cold season.
read more... 20/01/2011
Daily Energy Market Overview, Tuesday, January 18, 2011
Oil prices dropped on Monday following a stronger dollar and as main Alaskan oil pipeline became entirely operational after supply disruptions during more than a week, while an OPEC report indicated that the market was well supplied.
read more... 18/01/2011
E.ON to boost electricity prices by nine per cent from February
E.ON Energy group is set to raise the price of electricity to residential customers in UK by 9 per cent. The increase of price will take place starting February, 4th when the firm intends to raise the gas prices by 3 percent.
read more... 17/01/2011
Daily Energy Market Overview, Monday, January 17, 2011
Low temperatures supported higher demand levels on the British energy market thus pushing gas prices up on Monday.
read more... 17/01/2011
Daily Energy Market Overview, Tuesday, January 11, 2011
Crude oil futures registered a price growth on Monday on supply concerns following a halt of a main national crude output pipeline, Trans Alaska Pipeline, and supported by higher heating oil demand due to colder temperatures forecast. Hence, crude for February delivery, on the New York Mercantile Exchange, added 1.22 dollars to 89.25 dollars a barrel.
read more... 11/01/2011