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Daily: European coal prices increase to the highest level since May
Crude oil prices declined on both sides of the Atlantic, down more than $1 per barrel on Monday, despite bullish economic data from China and Europe, as higher crude production from Iraq and a possible lessening in U.S.-Iran relations increased the supply panorama. Brent crude for November delivery eased $1.06 to settle at $108.16 per barrel, after hitting a session low of $107.76. Meanwhile, U.S. crude for November declined $1.16 to $103.59 a barrel. Brent's premium over U.S. crude settled at $4.57, little changed from Friday's close of $4.55.
read more... 24/09/2013
Daily: Brent and WTI prices up for third session on supply concerns
Brent and WTI crude oil prices rose for a third consecutive session on Tuesday following worries about supplies from OPEC nations Libya and Iraq.
read more... 14/08/2013
Daily: Crude oil increases on optimistic global economic data
U.S. crude oil prices boosted by 3 percent on Thursday, diminishing the premium to European Brent for a second day, following a surprisingly optimistic global economic data and supply disruptions in Africa and Iraq.
read more... 02/08/2013
Daily: European spot power boosts on weak nuclear availability in France
Brent crude oil traded higher on Monday as supply disruptions in Europe offset previous’ week losses, while cautious investors were eager for the results of U.S. Federal Reserve meeting. Supply disruptions in Libya, Iraq and elsewhere have withdrawn over 500,000 barrels per day from the market.
read more... 30/07/2013
Italy’s Eni to diminish production targets at Iraq oil field
The Italian oil giant Eni decided to diminish production targets at its major oil field in Iraq-Zubair, while extending the duration of the Technical Service Contract for an additional five years, until 2035.
read more... 16/07/2013