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Daily: UK natural gas prices climb amid Ukraine warning of "all types of transit" halting
Brent crude oil dropped toward $105 a barrel on Friday following the U.S. military air strikes in Iraq that may diminish the risk of oil supply disruptions from OPEC’s second largest producer, while U.S. crude gained support from reviving stock market. Brent crude rallied to a weekly high of $106.85 earlier in the session, but soon turned negative and settled 42 cents lower at $105.02 a barrel. U.S. crude boosted 31 cents to close at $97.65 a barrel, off an intraday high of $98.45.
read more... 11/08/2014
Daily: British prompt gas prices climb despite weak demand, supply glut
British natural gas prices for delivery next winter increased by 2 percent Thursday morning, spurred by fears that intensifying tension between Russia and Europe could trigger gas supply disruption later in the year.
read more... 08/08/2014
Scotland: Shale gas reserves may supply 30 years of UK gas
Scotland, heading for a September independence referendum, might possess sufficient shale gas resources to satisfy UK gas necessities for over 30 years, according to a geological report publicized by the British government on Monday.
read more... 06/08/2014
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