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Daily energy Overview, Tuesday, June 21, 2011

Crude oil futures were mixed on Monday on worries about Greek debt crisis. U.S. crude contact for July delivery, which expires on Tuesday, traded at 93.26 dollars a barrel, up 25 cents, after a trading range between 91.14 and 93.49 dollars. Meanwhile, ICE Brent crude for August delivery valued 111.69 dollars a barrel, down 1.52 dollars, after a trading range from 111.23 to 113.38 dollars.

read more... 21/06/2011

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IAEA calls for more stringent nuclear safety inspections

The UN nuclear chief is urging worldwide countries to perform international risk assessments on nuclear reactors within 18 months to avoid the recurrence of atomic disasters such as the one at Fukushima.

read more... 21/06/2011

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Daily energy Overview, Monday, June 20, 2011

Crude oil futures traded down on Friday on lasting worries about Greece’s debt and U.S. slow economic growth. U.S. crude oil for July delivery traded at 93.01 dollars a barrel, down 1.94 dollars, having hit the lowest level since the February 18, when it registered a level of 86.20 dollars.

read more... 20/06/2011

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Daily energy Overview, Thursday, June 16, 2011

U.S. crude oil prices decreased on Wednesday, having hit the lowest level since February 22, as weak economic data and a stronger dollar weighed on oil prices. U.S. crude oil for July delivery settled at 94.81 dollars a barrel, down 4.56 dollars, the lowest level since front-month crude closed at 93.57 on February 22.

read more... 16/06/2011

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China to suspend new nuclear power projects

China will put its nuclear power plans on hold, following months of debates after the Japanese nuclear disaster at the Fukushima power plant in March which reversed the whole world against nuclear energy.

read more... 16/06/2011

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