Latest news

Daily: Brent crude prices push higher as Iraq violence drives supply concerns

Brent crude oil futures boosted in choppy trading on Monday as Sunni insurgents advanced in Iraq, raising concerns over an eventual interruption to oil exports from OPEC’s second-largest producer. WTI crude oil futures fell as traders booked profits as oil futures rallied to a session peak of $107.54.

read more... 17/06/2014

news

Daily: British gas prices climb on possible gas interruption from Russia

Crude oil prices hiked to fresh nine-month highs on Friday on continuous worries that a rebellion in Iraq could cut oil exports from the second-biggest OPEC producer.

read more... 16/06/2014

news

Daily: Crude oil prices rally to nine-month high amid Iraq clash

Crude oil prices rallied to nine-month highs on Thursday, buoyed by worries that the intensifying violence in Iraq could cut oil supply from the second-largest OPEC producer. Brent futures rose by $3.07 to close at $113.02 a barrel, the highest level since September 9, while WTI oil gained $2.13 to end at $106.53 a barrel, posting equally the highest settlement price since September 18.

read more... 13/06/2014

news

Daily: French electricity prices increase on stronger electricity consumption expectations

Brent crude oil futures increased toward $110 a barrel on Wednesday as tensions in Iraq intensified concerns about the supply perspective, while WTI crude registered a slight boost since a weekly government report indicated a decline in crude oil and gasoline inventories.

read more... 12/06/2014

news

Daily: British gas prices near winter lows amid weak demand, ample supplies

Brent crude oil registered a slight increase, buoyed by supply concerns in Middle East, as the Syrian civil war has impeded development of Iraq's oil and gas reserves and a key pipeline to the Mediterranean has exploded dozens of times. Brent oil increased 44 cents to settle at $107.85 per barrel.

read more... 30/01/2014

news