Latest news
Gazprom declares to be unable to satisfy increasing gas demand from Europe for the moment
Russia's Gazprom declared on Wednesday it is unable to satisfy increasing gas demand from Europe while it creates stockpiles prior to winter, weakening the ability of Europe to supply Ukraine with gas. Slovakia, Poland, Romania and Austria have all registered insignificant declines in shipments recently from Russia, which is involved in a dispute with the European Union over the crisis in Ukraine.
read more... 18/09/2014
Daily: Brent hits the lowest level in over two years on weak economic data from China
Brent crude dropped below $97 per barrel on Monday, touching its weakest level in over two years, dragged down by pessimistic Chinese economic data which slashed outlook for demand at a time of plentiful supply. The Brent contract for October delivery, which expired on Monday, eased at $96.21 a barrel, the lowest level since July 2012, while the Brent contract for November delivery tumbled 8 cents a barrel to settle at $97.88. U.S. crude boosted 65 cents to finish at $92.92 a barrel.
read more... 16/09/2014
Daily: Thermal coal prices drop on lower demand
Brent crude decreased under $97 per barrel on Monday, a more than two-year low, since flat economic data from China, the world's major energy consumer, spread a shadow on the outlook for oil demand among plentiful global supplies.
read more... 15/09/2014
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: Brent above $98 on Mideast worries
Brent crude price stood above $98 a barrel on Thursday among geopolitical concerns in the Middle East, although fears about abundant supply and reduced demand that pulling prices to 17-month lows in the previous session limited the gains.
read more... 11/09/2014