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Daily: Nordic spot power increasing slightly on higher exports
Brent crude futures traded above $110 on Thursday following fresh concerns over supply disruptions from the Middle East, while rising debt crisis in the euro-zone spurred worries about demand and capped gains.
read more... 27/09/2012
Europe is willing to renegotiate gas pricing with Gazprom
The EU Commission launched a probe earlier this month into exports by Gazprom, because of suspicions that the company was hindering the free flow of gas across the EU and imposing unfair prices by linking the cost of gas to oil prices. Moscow has said Gazprom, which has a legal monopoly on gas exports from Russia, will fight the case but will not cut supplies in retaliation. Gazprom's oil-linked contracts are a touchy subject for the Russian government and Gazprom, a major contributor to the state budget which earns the bulk of its revenue from export. The EU's investigation ended a period of relative calm on the gas front between Brussels and Moscow, which objects to some of the EU's gas market liberalisation measures.
read more... 25/09/2012
Daily: British spot gas prices up on weak Norwegian exports
Brent crude futures eased for the first time in four sessions on Tuesday on investors profit-taking, but stayed above $114 a barrel, with the losses being limited by hopes that U.S. Federal Reserve would announce further measures to boost the economy this week.
read more... 11/09/2012
Daily: British prompt gas prices decline as supplies rise and exports fall
Brent futures declined below $113 per barrel on Friday ahead of a U.S. jobs report expected to indicate a stronger economic outlook for the world's largest oil consumer and as the United States considered a release of emergency oil reserves, potentially much larger than the last one.
read more... 07/09/2012
EU launches antidumping investigation on Chinese solar panel exporters
The European Union launched an anti-dumping investigation to find out whether Chinese companies have been exporting solar panels for less than it costs to manufacture them.
read more... 07/09/2012