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Daily: European power spot prices jump as cold weather is lifting demand
Brent crude oil climbed 54 cents to settle at $111.94 a barrel on Tuesday, backed by buying related to the annual rebalancing of the S&P GSCI commodity index. Meanwhile, front-month U.S. crude oil futures eased by 4 cents on Tuesday to settle at $93.15 a barrel, weakening as the S&P GSCI commodity index - one of the two biggest commodity indexes - began to rebalance for 2013.
read more... 09/01/2013
Daily: Brent and U.S. crude boosts on hopes for U.S. budget deal to avert cliff
Brent and U.S. crude oil futures settled higher on Tuesday following sign of progress in talks to resolve the U.S. budget debate which attenuated concerns about looming mandated tax hikes and spending cuts that investors worry might slow the economy and hit oil demand. Meanwhile, Brent February crude climbed $1.20, or 1.11 percent, to settle at $108.84 a barrel, having traded from $107.93 to $108.95. U.S. January crude increased 73 cents, or 0.84 percent, to settle at $87.93 a barrel, having traded from $87.21 to $88.16.
read more... 19/12/2012
France launches a national energy transition debate
France, the most nuclear power dependent nation in the world, will launch a six-month national debate on energy policy in attempt to revise the way energy is produced and consumed as the country is facing with a loss in competitiveness.
read more... 30/11/2012
Vestas receives an order for a new project in France
Danish manufacturer of wind turbines Vestas has received an order from Ostwind International for the delivery of 12 units of its V90- 3MW wind turbines for the new Atrebatie project in France. The Le Bois du Haut, Le Vert Galant, and Garimetz wind farms will be composed from 12 wind turbines with a total capacity of 36 MW.
read more... 09/10/2012
Does speculation drive commodity prices?
A federal judge threw out the U.S. Commodity Futures Trading Commission's vaunted rules limiting speculative trades in energy, grain and metal markets, adding new fuel to a long-raging debate: does excessive speculation drive commodity prices higher?
read more... 02/10/2012