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Daily: Crude oil futures mixed amid lower drilling activity in the US and Yemen conflict
Crude oil futures were mixed on Friday amid declining US drilling activity and as the continuing turmoil in Yemen intensified concerns about eventual supply disruptions in the Middle East. Brent crude for June delivery increased by 43 cents, or 0.7%, to settle at $65.28 a barrel on 24 April, trading at its highest levels since December 2014. WTI crude for June delivery decreased 59 cents, or 1%, to close at $57.15 a barrel on 24 April.
read more... 27/04/2015
Poland: PKN supplies Iran’s gas condensate for its refinery
Poland's major oil refiner PKN Orlen has supplied a gas condensate cargo of Iranian origin for its Mazeikiai refinery in Lithuania, as stated by traders on Friday.
read more... 27/04/2015
Ithaca decided to vend Norwegian operations to Hungary’s MOL
North Sea oil and gas firm Ithaca Energy has decided to vend its Norwegian business to Hungary's MOL for $60 million, as stated by the companies on Friday, marking the Hungarian firm's entrance into Norway's oil market.
read more... 24/04/2015
Romanian household gas prices will increase by 5-8% from July
Romanian gas prices will increase by 5-8 percent on average starting from July, as a result of the continuing market deregulation agreed under an IMF-led aid agreement, as declared by the head of the country's energy regulator ANRE.
read more... 24/04/2015
E.ON Global Commodities to buy LNG from Meridian
E.ON Global Commodities (EGC), the trading arm of E.ON, and Meridian LNG Holdings Corp has inked a 20-year gas sales deal.
read more... 24/04/2015