Latest news
Daily: European carbon prices up 2.9% on fast-track supply cut expectations
Brent futures boosted to $107 a barrel on Tuesday as the sharpest fall in three weeks encouraged new buying, with concerns of turmoil in emerging economies and a downturn in China keeping the gains in check. Brent crude hit a high of $107.10 a barrel and rose 29 cents at $106.98 by 03:29 GMT. Meanwhile, U.S. oil rose 12 cents to $95.84, after recording the highest level Jan. 13.
read more... 29/01/2014
Daily: British prompt gas hits one-week high on cold weather, weaker imports
Brent crude futures traded above $107 a barrel on Friday, as a cold snap in the United States boosted demand for heating oil and dragged down the country's stockpile of crude and distillates. Brent crude climbed 6 cents to $107.64 a barrel by 07:56 GMT, ending 69 cents lower in the previous session following weak manufactory activity figures from China, the world's second-largest oil consumer. Meanwhile, U.S. oil rose 24 cents to $97.56, extending gains after settling 59 cents up.
read more... 27/01/2014
Daily: European carbon drops on EU vote to curb supply
Brent crude oil prices declined after data showed China's factory sector shrunk in January for the first time in six months. Brent crude settled up $1.54 on Wednesday at $108.27, reaching its highest level this year.
read more... 24/01/2014
China reached a new solar record in 2013
Chinese developers installed a record 12 GW of solar panels throughout the country in 2013, almost matching the total amount of solar power in operation in the United States, and it is likely that in 2014 it will exceed that record reaching 14GW of additional PV capacity. Until now, no one has ever added more than 8GW of solar power in a single year previous to 2013, and China’s record exceeded even the most optimistic estimates of a year ago.
read more... 24/01/2014
Daily: Crude oil prices trade higher on strong economic data from China
Oil prices traded higher in heavy trade on Thursday, supported by strong economic data from China, the eurozone and the United States, with U.S. crude prices getting an additional support from expectations that the key Seaway pipeline could resume full capacity operation within a week.
read more... 23/01/2014