Latest news
Japan disaster leads to falling oil prices
Crude oil prices felt following Japan’s strongest earthquake record, shaking whole oil markets and raising concerns about weakening world demand.
read more... 14/03/2011
Daily Energy Overview, Friday, March 11, 2011
Brent and U.S. crude traded higher on Thursday settling almost 2 dollars over last trading session supported by the protests in Saudi Arabia that boosted Brent and U.S. crude prices. ICE Brent crude for April delivery lost 51 cents being traded at 115.43 dollars a barrel, after registering a trade between 113.52 and 116.55 dollars supported by strengthening the dollar’s index.
read more... 11/03/2011
Greenlots to provide charging stations for electric vehicles in Hong Kong
Greenlots, one of Asia’s leading providers of charging systems for electric vehicles, announced the installation of a network of 15 charging stations in Hong Kong. This step will contribute to the achievement of Hong Kong’s goal in reaching a 30 percent share of hybrid and electric vehicles of the total cars by 2020, thus contributing to the development of the city’s infrastructure.
read more... 11/03/2011
Oil prices grow as Libyan oil output decreases
The oil prices jumped yesterday by 0.5% to $117 after forces loyal to Libyan leader Muammar Gaddafi bombed oil industry infrastructure, causing long term damages on the Libyan oil export.
read more... 11/03/2011
Daily Energy Overview, Thursday, March, 10, 2011
U.S. crude oil futures traded down by more than 1 dollar on Wednesday following the report release by the American government that showed an increase in crude stocks that kept oil prices in instance even if the continued unrest in Libya keeps strengthening the Brent crude prices.
read more... 10/03/2011