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Daily: British prompt gas prices climb on undersupplied system, colder weather
Worldwide crude oil prices reversed a hike on Monday, with Brent trading lower after a sharp increase in Saudi Arabia’s monthly export prices is expected to curb output, discouraging buyers. Brent crude posted a considerable decline, off more than $1 to settle at about $84 per barrel. Previously it had declined below $85 as a stronger dollar slapped oil and gold, commodities that are priced in the U.S. currency. U.S. crude eased more than 2 percent, settling down $1.76 at $78.78 per barrel.
read more... 04/11/2014
Daily: European spot power prices rally on forecasts for a sharp fall in German wind power output
Crude oil prices dropped considerably on Wednesday, with U.S. crude nearing $80 a barrel after data showed a second sharp increase in weekly U.S. crude inventories. Brent crude for December delivery slipped $1.51 to settle at $84.71 a barrel, while WTI crude decreased by $1.97 or 2.5 percent to close at $80.52 a barrel, just above the session low of $80.28.
read more... 23/10/2014
Daily: German electricity prices decline on higher wind power output
Crude oil prices posted a modest gain on Friday, recovering from near four-year lows as investors bought back into a an oversold market and as conflicts in Iraq intensified political risk. Brent for December delivery increased by 34 cents to close at $86.16 a barrel. Brent contract for November delivery expired on Thursday. U.S. November crude, boosted 5 cents to settle at $82.75, registering its consecutive third weekly decline.
read more... 20/10/2014
Niger cabinet authorizes new Areva uranium agreement
Niger's cabinet of ministers on Friday authorized a rejuvenation of French nuclear group Areva's uranium output agreement in the West African nation, according to the government on Friday, carrying out two years of frequent burdened talks.
read more... 13/10/2014
Norway’s 2015 budget to appease tax regulations for wind power
The Norwegian government will suggest more constructive depreciation rules to increase domestic wind power output, as it declared in its draft budget 2015 published on Wednesday.
read more... 09/10/2014