Russian gas producer Gazprom is expected to register its lowest production this year since its foundation a quarter of a century ago after halting supplies to Ukraine and losing market share to local competitors.
read more... 19/09/2014
Brent crude has steadied at $99 per barrel on Wednesday on forecasts that the OPEC may curb the 2015 production. Brent dropped 25 cents to $98.80 a barrel and US crude was down 25 cents to close at $94.63.
read more... 18/09/2014
Brent crude increased by more than $1, while WTI crude futures by more than 42 dollars on Tuesday, spurred by OPEC output cut forecast, as well as by weakening dollar and news that Libya had reduced production after rockets hit an area near the Zawiya refinery. Brent crude for November delivery boosted $1.17 to close at $99.05 a barrel. The front-month U.S. October crude rose $1.96 to settle at $94.88 a barrel.
read more... 17/09/2014
Brent crude fell below $98 a barrel on Friday, heading for its worst week in six as worries over lower demand offset geopolitical concerns in the Middle East and Ukraine.
read more... 12/09/2014
Brent crude remained stable below $103 a barrel on Tuesday, with a new conflict in OPEC oil producer Libya balanced by worries of slowing oil demand increase because of weak economic improvements in China and Europe.
read more... 02/09/2014