At the end of March this year the reserves of natural gas detained in storage were at one of their lowest level, due to an unusually cold winter and intensified problems at a processing plant in Norway with flows of gas supplies to Britain via the Langeled pipeline which fell significantly, along with other supplies from Belgium, being just six hours away from finishing its gas supplies.
read more... 27/05/2013
Brent crude oil prices dropped deeper on Friday, as traders exited short positions ahead of a long holiday weekend in the Unites States, registering the largest weekly percentage decline in more than a month.
read more... 27/05/2013
Brent crude oil pared losses after having declined to a three week low on Thursday in a broader commodities selloff, dragged down by a late turnaround in U.S. equities to end flat.
read more... 24/05/2013
According to a new report by the Institute of Directors, shale gas could be the perfect solution for the UK and for all the north west region to enhance their economy.
read more... 22/05/2013
Crude oil rose towards $105 a barrel on Friday, recovering from an earlier decline and registering a weekly slight gain, although fears about the strength of demand growth capped the rise.
read more... 20/05/2013