Latest news
Daily: Brent, U.S. crude oil trade higher on geopolitical worries in Ukraine, unrests in Libya
Brent and U.S. crude futures traded higher on Friday, buoyed by geopolitical worries in Ukraine and civilian unrests in Libya, as well as by upbeat economic figures in the United States and China. Both Brent and U.S. crude registered weekly gains for a second consecutive week.
read more... 26/05/2014
Daily: European power prices jump on colder weather, lower solar power output
Brent and U.S crude oil prices slumped on Thursday after Brent hit a 1/2 month high and traders took gain amid continuing violence in Libya and upbeat economic data in China and the United States.
read more... 23/05/2014
China and Russia inked a $400 billion gas agreement
China and Russia signed a gas supply agreement of about $400 billion on Wednesday, securing the world's top energy consumer an important source of cleaner fuel and impelling a new market for Moscow since it risks losing European clients over the Ukraine crisis.
read more... 22/05/2014
Daily: European spot power prices decreased before holiday
Brent crude fluctuated around $108 a barrel on Thursday, maintaining the majority of the gains from the previous session since crude imports in China, the world's second major oil consumer, attained a record high, according to the country’s customs data.
read more... 08/05/2014
Daily: European spot power prices curbed by stronger wind power output
Brent crude oil dropped by more than $1 a barrel on Monday, dragged down by news that China’s manufacturing sector contracted for the fourth successive month in April and oil output in Libya was rebounding.
read more... 06/05/2014