Crude oil prices soared on Wednesday, increasing more than $1 a barrel after Iran confirmed that it recently conducted a ballistic missile test launch, a move that drew criticism from U.S. and Israeli officials this week and increased concerns about the potential violation of a United Nations Security Council resolution.
read more... 02/02/2017
Crude oil prices tumbled on Monday as news of another weekly rise in U.S. drilling activity worried traders that production cuts from other producing nations may not be able to slash the global supply glut as much as had been expected.
read more... 31/01/2017
Oil prolonged the longest winning streak in more than four months before Opec and other producing nations begin cutting production to stabilise the market.
read more... 28/12/2016
Emerging nations have seen solar energy investment raise by 11 times since 2010.
read more... 21/12/2016
Crude oil prices trimmed off earlier gains to end Tuesday nearly steady, as the support from OPEC’s plan to cut production were undermined by an energy watchdog’s assessment of how much those nations are currently producing. Brent crude rose by 3 cents to settle at $55.72 a barrel and the U.S crude WTI increased just 15 cents to close at $52.98 a barrel, losing ground late in the session.
read more... 14/12/2016