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EIA: US shale oil production to soar by 80,000 barrels a day in March
The EIA forecasts U.S. shale oil production to rise in March at the highest pace since May last year, given that energy companies are increasing their drilling activities, taking advantage from crude prices hovering over $50 a barrel.
read more... 14/02/2017
Daily (14.02.201): Crude oil benchmarks hit the largest percentage decline since Jan.18
Crude oil prices tumbled by about 2 percent, the lowest level since mid-January, dragged down by a stronger dollar and evidence of increasing U.S. crude output.
read more... 14/02/2017
Daily (13.02.2017): Oil up on OPEC landmark deal compliance
Crude oil prices closed the Friday’s session higher on evidence that OPEC members achieved more than 90 percent of output reductions under a landmark deal that took effect in January.
read more... 13/02/2017
ScottishPower increases energy bills by 7.8%
ScottishPower has announced it will rise its standard domestic energy prices by 7.8%.
read more... 13/02/2017
Daily (10.02.2017): German spot power prices plunge 23% on strong wind output
Crude oil prices extended gains on Thursday with U.S. prices climbing on data that gasoline demand could bolster in the world's biggest oil market, although robust crude supplies meant that fuel markets remain under pressure.
read more... 10/02/2017