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Daily – spot power prices down on strong renewable power production
U.S. and Brent crude oil futures increased on Wednesday on hopes that Greece will avoid default through a pending debt restructuring which strengthened the euro and weakened the dollar and on supportive private sector U.S. jobs data. U.S. crude oil futures for April delivery traded at 106.16 dollars a barrel, gaining 1.46 dollars after a trading range between 104.35 and 106.28 dollars, while ICE Brent crude for April delivery valued 124.12 dollars a barrel, up 2.14 dollars after having traded between 121.99 and 124.35 dollars.
read more... 08/03/2012
Daily – U.S. crude ends at 9-month high on Iran, Greece
U.S. crude oil futures increased on Tuesday for the fourth day in line, registering the utmost level in nine months with the NYMEX WTi crude oil futures for March delivery traded at 105.84 dollars a barrel, gaining 2.60 dollars, hitting the utmost settlement since May 4, when it hit 109.24 dollars.
read more... 22/02/2012
Daily – Brent crude down after gaining four straight days
U.S. crude futures closed the session higher for a third consecutive day on Friday extending gains for a second week and settling the utmost settlement since May 2011 on hopes of economic improvement, fears over Iranian supplies and hopes that Greece will secure a bailout by next week. NYMEX crude for March delivery traded at 103.24 dollars a barrel, adding 93 cents.
read more... 20/02/2012
Daily: Brent crude reverse gains on a potential delay in the second bailout for Greece
Brent crude reversed earlier gains and slipped below $119 per barrel on Thursday after striking multiple-month highs yesterday as concerns of a delay in a second bailout package for Greece weighed down global markets. Brent crude was traded down 27 cents to $118.66 a barrel by 09:44 GMT, after hitting a peak of $119.99 on Wednesday, the highest intraday price since August and settled at $118.93, the highest level since June.
read more... 16/02/2012
Daily- German and French power down on milder weather
Crude oil prices rebounded towards six-month highs on Monday backed by a weaker dollar and expectations of a revival in demand growth, after Greece approved an austerity bill to secure a second bailout.
read more... 13/02/2012