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Daily: Brent crude dips as supply glut offsets Mideast turmoil
Brent crude oil dropped on Tuesday as plentiful global supplies offset tensions in the Middle East, while U.S. crude oil rebounded after four sessions of losses. Brent crude for November delivery slipped 12 cents to close at $96.85 a barrel after increasing as high as $97.59 a barrel in early trading. WTI crude jumped 69 cents to settle at $91.56 a barrel, recovering from a session low of $90.58, which was its weakest level since September 11. Its premium to Brent narrowed to around $5.25 a barrel.
read more... 24/09/2014
Daily: European spot power prices declined as a result of lower demand and higher wind production
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
Daily: European prompt power prices jump on weak renewable energy production
Brent crude oil increased on Monday, while WTI crude dropped amid light trading, as geopolitical tensions in Ukraine and in Libya help offset plentiful supplies and expected weak demand after a set of pessimistic economic data from the United States and Europe. Brent crude augmented 36 cents to close at $102.65 a barrel, after hitting a 14-month low of $101.07 on August 19. U.S. crude slipped 30 cents to settle at $93.35 a barrel.
read more... 26/08/2014
Daily: Brent crude plunges at 9-month low on robust supply, low demand
Crude oil prices declined on Tuesday, with Brent plunging to a nine-month low as robust supplies in Europe and North America offset fears that violence in the Middle East and North Africa could cut production. Brent crude dipped 80 cents to close at $104.61, the weakest settlement since November 2013, while U.S. crude declined 91 cents to settle at $97.38, the lowest settlement since early February.
read more... 06/08/2014
Daily: Crude oil prices drop on supply glut, weak demand
Brent and U.S. crude futures dropped on Friday, hitting the weakest settlement prices in months, as supply glut in the Atlantic basin and low demand offset worries over political conflicts in the Middle East, North Africa and Ukraine.
read more... 04/08/2014