Latest news
Daily: French spot electricity price surges over 70 euros as temperatures fell
Crude oil prices firmed more than 2 percent on Monday in volatile trading, recovering losses as the market reacted to uncertain conditions that top producers will be able to agree on output reductions at a meeting on Wednesday. U.S. West Texas Intermediate crude futures rose $1.02, or 2.21 percent to settle at $47.08 a barrel. Brent crude gained $1.00, or 2.12 percent, to close at $48.24 a barrel. In post-settlement trading, oil futures paired gains on reports that OPEC experts did not agree on the details of a deal to curb production.
read more... 29/11/2016
Daily: Oil contracts up 5% for the week on OPEC revived hopes
Crude oil price ended higher on Friday, closing out a bullish week for crude oil, spurred by growing expectations that OPEC will find a solution to limit production at the end of the month. Brent crude rose by 37 cents, or 0.8 percent, to settle at $46.86 per barrel, posting its first weekly increase in five weeks. U.S. West Texas Intermediate crude climbed 27 cents, or 0.6 percent, for the day, to close at $45.69 a barrel. It posted its first weekly increase in four weeks. For the week, Brent and U.S. crude both rose roughly 5 percent.
read more... 21/11/2016
Dutch groups request tighter curbs on Groningen gas production
A top Dutch court has obtained 25 appeals against the government's decision to reduce output at the Groningen gas field at a yearly figure of 24 billion cubic metres from activists who think it does not go far enough.
read more... 18/11/2016
Daily: Oil tumbles as stronger dollar overshadows OPEC deal hopes
Crude oil prices closed slightly lower on Thursday, then tumbled as much as 1 percent after-trade-market session as a robust dollar overshadowed expectations of an OPEC deal to curb production. Brent crude lost 14 cents or 0.3 percent to end at $46.49 a barrel , before slipping further to $46.12. U.S. West Texas Intermediate crude shed 15 cents or 0.33 percent to settle at $45.42. It dropped in post-settlement by 56 cents, or 1.2 percent, to $45,01.
read more... 18/11/2016
Daily: German spot power contract down on heavy renewable, thermal production
Crude oil prices slipped in a volatile trading on Wednesday, dragged down by a bigger-than-expected U.S. crude stockpiles increase that overshadowed Russia’s statements about a possible meeting with Saudi Arabia that renewed hopes for a production freeze deal. Brent futures lost 32 cents, or 0.7 percent, to settle at $46.63 a barrel, while U.S. crude WTI shed 24 cents, or 0.5 percent, to end at $45.57 per barrel.
read more... 17/11/2016