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Daily Energy Overview, Thursday, December 2, 2010
European power forwards sharply increased early on Thursday, partly due to a demand-driving cold snap which strengthened energy spot prices. Germany's Cal2011 baseload rose 70 cents at 50.25 euros per MWh, reaching a two-month high, while the French Cal2011 rose 50 cents at 51.75 euros, reaching the highest level in six weeks.
read more... 02/12/2010
Energy Market Overview, Wednesday, December 01, 2010
Oil increased to beyond $85 a barrel on Wednesday as rising factory output in China and API data indicating lower U.S. crude inventories offset persistent worries regarding Europe's debt problems.
read more... 01/12/2010
Nuclear negotiations between Iran and the six powers.
Iran’s President, Mahmoud Ahmadinejad, announced they have accepted a date for talks with the six powers.
read more... 30/11/2010
Daily Energy Market Overview, Tuesday, November 30, 2010
Oil dropped on Tuesday, on worries that China may raise interest rates and limit energy demand growth, while a slowdown in Japanese and South Korean factory production added to evidence of a slowdown in Asia.
read more... 30/11/2010
Daily Energy Market Overview, Monday, November 29, 2010
Oil increased to a two-week high by $85 on Monday after the European Union endorsed a rescue package for Ireland and drafted a permanent scheme to resolve the euro zone's debt crisis. ICE Brent for January rose 97 cents to $86.55.
read more... 29/11/2010