Crude oil futures recovered after a volatile session due to a weaker U.S. dollar, while low earnings dragged stocks lower. Expiring U.S. crude for August delivery edged 21 cents up to settle at $50.36 a barrel, after declining to $49.77 intraday. WTI crude for September delivery closed at $50.86, up 42 cents. Brent crude for September delivery advanced 39 cents to hit $57.04, having oscillated from $56.33 to $57.44. Brent's premium to September U.S. crude held above $6 a barrel.
read more... 22/07/2015
Germany adjoined more than three times the quantity of offshore wind capacity in the first half of this year than in the same period of 2014 and the country hopes to attain half of its 2020 offshore objective of 6,500 megawatts (MW) later this year.
read more... 22/07/2015
French utility Engie and Kansai Electric Power Co, Japan's second-largest utility, declared on Tuesday they have signed an accord to purchase and trade 400,000 tonnes yearly of liquefied natural gas (LNG) from 2019.
read more... 22/07/2015
Ukraine boosted by 41% natural gas imports from Slovakia’s Eustream on Tuesday, as it envisages increasing its underground storage, according to the transport monopoly Ukrtransgas.
read more... 21/07/2015
Crude futures slipped on Monday and U.S. crude declined below $50 a barrel intraday, dragged down by robust supply, expectations of more Iranian crude to export and appreciating dollar. Brent crude for September delivery declined by 45 cents to settle at $56.65 a barrel, having fluctuated between $56.33 and $57.44. U.S. August crude, set to expire on Tuesday, shed 74 cents to close at $50.15, having fallen to $49.85, its first time below $50 since April.
read more... 21/07/2015