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Daily: European coal prices plunge to new multi-year lows on oversupply

Brent crude rocketed to a nine-month high over $115 a barrel on Thursday as the United States said it would send up to 300 military advisers to Iraq, increasing worries about an intensification of conflict. Brent boosted 80 cents to hit $115.06 a barrel, the highest level since September 6. The U.S. crude oil futures contract for July delivery, which expires on Friday, increased 46 cents to close at $106.43.

read more... 20/06/2014

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Daily: European coal prices for July delivery hit a record low on weak demand, thin profit margins

Brent crude reversed earlier gains to close down on Tuesday, while WTI crude oil also dropped on a stronger dollar and profit taking by traders after solid gains on Monday.

read more... 11/06/2014

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EU policy paper offers assistance to export coal-fired power plants

European manufacturers of coal-fired power plants should obtain financial aid to export the equipment, as stated by in an EU policy paper, challenging environmental opposition to any type of subsidy for coal.

read more... 04/06/2014

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Chinese firm proposes lowest price for Montenegro power plant

Montenegro's power utility, EPCG announced on Thursday that China's Hubei Electric Power Survey & Design Institute has proposed the lowest bid to construct a new coal-fired unit of 250 MW at its Pljevlja power plant.

read more... 30/05/2014

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Daily: European coal prices fall to a fresh low on warm weather in Europe

Brent crude increased on Thursday, spurred by weak output in Libya and crisis in Ukraine, while WTI crude prices boosted on a considerable drawdown in gasoline that offset an increase in overall crude stocks.

read more... 30/05/2014

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