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Daily: Europe power prices diverge on higher nuclear availability in France, stronger electricity demand in Germany
Crude oil prices plunged slightly on Tuesday as worries about supply disruptions due to the clashes in Iraq and Ukraine attenuated, whereas oil prices gained some support from optimistic manufacturing data in China. Brent crude dropped by 7 cents to close at $112.29 a barrel, the weakest settlement price since June 12, while U.S. oil declined by 3 cents to end at $105.34 a barrel, also the lowest level since June 12.
read more... 02/07/2014
Daily: European carbon prices at highest quarterly increase since 2008 on supply cuts
Brent crude declined toward $112 a barrel on Monday, touching an 18-day low, while U.S. crude dropped near $105 as investors’ worries about eventual supply disruptions from Iraq eased. Brent slipped 94 cents to close at $112.36 a barrel, its weakest settlement since June 12. WTI crude inched 37 cents down to settle at $105.37 a barrel, also its lowest since June 12.
read more... 01/07/2014
Daily: Brent crude insignificantly changed amid choppy trading on eased supply concerns
Brent crude oil suffered little changes in agitating trading on Friday as investors moved to square positions after one of the international benchmark’s largest weekly declines in 2014 due to attenuated worries about exports from war-hit Iraq.
read more... 30/06/2014
Daily: European coal slumps on low demand, warmer temperatures
Brent crude declined on Wednesday as concerns about supply disruptions from Iraq eased, while WTI crude oil climbed on news that the U.S. federal officials approved exports of condensate, an ultra-light oil.
read more... 26/06/2014
Gazprom stands firm to $2 billion figure for Ukraine’s gas outstanding debt
The Russia’s natural gas conglomerate Gazprom stands firm to its position that Ukraine has to pay its outstanding debt of about $2 billion before Moscow will take up talks over new gas-supply terms.
read more... 25/06/2014