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Daily energy Overview, Wednesday, April 27, 2011
U.S. crude oil futures traded down on Tuesday in the post-settlement trading after the American Petroleum Institute data indicated a higher than expected increase in domestic crude inventories in the previous week. U.S. crude for delivery in June traded at 111.83 dollars, down 45 cents. Meanwhile, ICE Brent crude oil futures went slightly up on Tuesday on investors’ expectations for any notification of a change in the monetary policy from the U.S. Federal Reserve. ICE Brent crude for delivery in June valued 124.14 dollars, up 48 cents.
read more... 27/04/2011
DONG joins to Gazprom in a power deal
Denmark's DONG Energy and Russia’s giant Gazprom signed on Tuesday an agreement to establish cooperation in gas-fired power generation in Europe.
read more... 27/04/2011
Daily energy Overview, Tuesday, April, 26, 2011
Oil prices decreased on Monday in poor trade, with U.S crude for delivery in June traded at 111.74 dollars a barrel, down 55 cents, by 14:02 GMT, while ICE Brent for June delivery traded at 123.11 dollars a barrel, down 88 cents.
read more... 26/04/2011
Daily energy Overview, Friday, April 22, 2011
Crude oil futures traded higher on Thursday as the dollar plunged to almost an all-time low. ICE Brent for June delivery traded at 123.99 dollars a barrel, up 14 cents, after a trading range between 123.20 and 124.81 dollars. U.S. crude for delivery in June settled at 112.29 dollars, up 84 cents.
read more... 22/04/2011
Daily energy Overview, Thursday, April 21, 2011
Crude oil futures traded higher on Wednesday after the EIA data indicated a drop in crude and refined products stockpiles last week, a rebound on the equity market and a weaker dollar.
read more... 21/04/2011