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Daily- Brent firmer on Iran’s threats to cut off oil supplies to Europe
Brent crude oil futures opened Thursday’s session above $117 a barrel on hopes of demand growth revival as Greece inches closer to getting its debt crisis under control and Iran’s new threats to cut off oil supplies to Europe. Front-month Brent added 61 cents to $117.81 a barrel by 1014 GMT, rising for an eighth straight day.
read more... 09/02/2012
Daily- NYMEX crude futures up for a second day on unexpected fall in US crude oil inventories
Crude oil Brent futures were steady above $116 a barrel on Wednesday, prompted by falling inventories in the United States and as uncertainty over Greece's ability to resolve its debt problems weighed on sentiment.
read more... 08/02/2012
Daily- French spot power prices near 28-months high on cold spell in Europe
Brent crude futures increased above $116 per barrel settling to a six-month high on Tuesday following a cold spell in Europe and supply tensions following threats from Iran to put embargo on oil exports to European states which overshadowed fears that Greece’s debt was aggravating.
read more... 07/02/2012
Russian gas supplies returning to normal levels in the most European states
Russian gas flows to Bulgaria, Slovakia, Austria, Hungary, Poland and Greece have been reinstated to normal volumes over the weekend, while the gas deliveries to Romania, Germany, and Italy are increasing, European Commission press secretary Marlene Holzner said on Monday.
read more... 07/02/2012
Daily – U.S. crude ends lower on weak economic data
Crude oil futures were mixed on Tuesday on hopes that Greece was close to a debt-restructuring deal and on prospects for more severe budget discipline among EU member states and as lower than expected business activity in the Midwest pressured consumer confidence.
read more... 01/02/2012