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Dutch groups request tighter curbs on Groningen gas production
A top Dutch court has obtained 25 appeals against the government's decision to reduce output at the Groningen gas field at a yearly figure of 24 billion cubic metres from activists who think it does not go far enough.
read more... 18/11/2016
Daily: French spot power prices rally over 45% on nuclear uncertainty
Crude oil prices were mainly flat on Monday, recovering from three-month lows as OPEC members are still at odds over how to share output cuts, a report said. Brent crude futures closed at $44.43 per barrel, down 0.72 percent, after slipping as low as $43.57. U.S. crude shed 0.2 percent to settle at $43.32, after reaching a low of $42.20. Both benchmarks' session lows were the weakest levels since August 11.
read more... 15/11/2016
Daily: Crude oil prices decline on revived doubts about the OPEC agreement
Crude oil prices ended down more than 2 percent on Friday on OPEC statement that October output hit another record, raising doubts if plans to curb production are achievable or enough to cut supply glut in the market. International Brent crude futures closed at $44.75 per barrel, down $1.09, or 2.4 percent. It had attained a low of $44.19, the lowest level since August. U.S. West Texas Intermediate (WTI) futures eased $1.25, or 2.8 percent, to settle at $43.41 per barrel, after recovering from a low of 43.04.
read more... 14/11/2016
Daily: Crude oil retreats as focus moves from U.S. elections to crude oversupply, OPEC meeting
Crude oil prices declined over 1 percent on Thursday as the markets digested the shock over U.S. President-elect Donald Trump's victory and focused on supply glut concerns. Brent crude lost 54 cents, or 1.1 percent, to settle at $45.84 a barrel. U.S. West Texas Intermediate crude fell 61 cents, or 1.4 percent to end at $44.66. The Organization of the Petroleum Exporting Countries (OPEC) meets in Vienna on November 30 for talks on output reduction.
read more... 11/11/2016
Daily: US crude increased by 1.9% to settle at $44.89, snaps 6-day losing streak as market rallies
Oil prices rose on Monday, encouraged by a rebound in other asset classes after news that U.S. presidential candidate Hillary Clinton will not face charges over her emails, but gains were limited by an increasing dollar and doubts over OPEC's planned output cuts. U.S. West Texas Intermediate (WTI) crude augmented by 82 cents, or 1.9 percent, to settle at $44.89 a barrel for its first positive settle in seven sessions. Brent crude closed the session at $46.15 per barrel, having increased by 57 cents, or 1.25 percent, from the previous close.
read more... 08/11/2016