Latest news
Daily: British gas drops to a nine-month on higher temperatures forecasts
Brent crude oil increased for a fourth consecutive session on Friday, posting its first weekly gain since February on optimistic U.S. economic data and worries that eventual Western sanctions on Russia’s energy sector could trigger output disruption in the world. Brent climbed 24 cents to end at $108.07 a barrel. U.S. crude increased by 39 cents a barrel to close at $101.67, after rebounding over $1 in each of the past two sessions.
read more... 31/03/2014
Spain government considers increasing subsidies for gas-fired power plants to prevent further closure of facilities
The Spanish government aims to increase the aid for under-used gas-fired power plants in order to avoid utilities’ closures around the country.
read more... 26/03/2014
Daily: Brent crude drops on weak economic data from China
Brent crude oil futures declined on Thursday since weak economic figures in China compensated fears over eventual supply interruptions that could be triggered by the conflict between Russia and Western powers over Ukraine. Meantime, U.S. crude futures posted a moderate gain, as bullish retail sales and labor market data increased the optimism about the economy and offset worries over China.
read more... 14/03/2014
Daily: Crude oil drops by about 2 pct as the threat of war in Ukraine receded
Crude oil dropped by about 2 percent on Tuesday after the Russian President Vladimir Putin said it is not seeking to escalate the conflict in Ukraine's Crimea peninsula, fading concerns of an eventual oil supply disruption from Russia.
read more... 05/03/2014
Daily: Brent crude slips below $106 per barrel on China figures, Iran nuclear deal
Brent crude dropped below $106 per barrel on Monday, dragged down by figures showing China's oil demand growth eased out further in 2013 and by news Iran had started implementing a nuclear deal with world powers, which could eventually enable more oil exports.
read more... 21/01/2014