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Daily: British spot gas prices edge higher on undersupplied market
Crude oil prices rose by 1 percent in a volatile trade on Thursday, with U.S. crude attaining six-month highs as investors were influenced by a forecast for weakening global supplies against signs of another stockpiles increase at the hub for U.S. crude futures. Brent crude futures edged 48 cents up at $48.08 per barrel. U.S. crude's WTI futures boosted 47 cents to close at $46.70. It rallied to a six-month high of $47.02.
read more... 13/05/2016
Daily: European spot power prices up on tighter supply, while forward down tracking coal, carbon
Crude oil prices closed down on Thursday after figures showed robust weekly stockpiles at the U.S. crude storage hub despite a pipeline outage, but prices pared losses on short covering, indicating more volatility ahead. Brent futures eased 41 cents, or about 1 percent, to settle at $39.43 a barrel, backtracking losses from the session low that saw Brent down more than $1, or nearly 3 percent. WTI crude futures ended down 49 cents at $37.26, after plunging as low as $36.69.
read more... 08/04/2016
Daily: Oil prices register the best quarter since mid 2015, up over 10%
Crude oil prices boosted over 10% in March, the best quarter since mid-2015. Some analysts said that the hike could vanish soon as an output freeze plan by major crude exporters will fail to ease worries of an oversupply. A weak dollar and figures showing a drawdown in crude inventories at the U.S. futures delivery hub helped oil settle steady to firmer in Thursday's session. Brent crude for May delivery, which expired as the front-month contract, rose 34 cents, or 0.8 percent, to close at $39.60 a barrel. Brent crude for June delivery boosted 0.7 percent to settle at $40.33. U.S. crude futures WTI settled at $38.34, up 2 cents on the day, increasing 14 percent in March and 4 percent in the quarter, its largest quarterly gain since June 2015.
read more... 01/04/2016
Fukushima to be transformed in a green energy hub
A public-private council has been set up in the city of Fukushima for the purpose to turn the prefecture into a renewable energy hub in just few years.
read more... 29/03/2016
Daily: Oil rebounds on crude stockpiles withdrawal at Cushing hub
Crude oil prices boosted about 1 percent on Monday after figures indicated crude stockpiles at the Cushing, Oklahoma delivery hub plunged for the first time since January and ahead of the expiration of the U.S. front-month contract. However, oil increase was capped by worries that U.S. energy companies could boost drilling again after a two-month long recovery in crude prices. Brent crude futures for May delivery rose 34 cents, or 0.8 percent, to settle at $41.54 a barrel. Brent has rebounded 53 percent from 12-year lows of $27.10 attaint on January 20. U.S. crude's futures for April delivery climbed 47 cents, or 1.2 percent, to close at $39.91, expiring as the front-month.
read more... 22/03/2016