Latest news
Daily (10.11.2017): German day-ahead power price fell 39% on forecasts of tripled wind generation
Oil prices increased on Thursday, encouraged by supply reductions by major exporters as well as ongoing worries over political developments in Saudi Arabia.
read more... 10/11/2017
Daily (08.11.2017): French day-ahead power prices jumped by almost 25% due to delays in reactor restarts
Oil prices dropped on Tuesday as Chinese crude imports fell to their lowest level in a year, even though traders declared that the global market remains well supported on the back of OPEC-led supply reductions.
read more... 08/11/2017
A huge oil discovery made by Statoil on the UKCS
A corporation managed by Statoil has made a huge oil finding on the UK Continental Shelf (UKCS), at Verbier sidetrack well in the outer Moray Firth.
read more... 09/10/2017
Daily (25.09.2017): British gas prices fell on Friday due to milder weather, higher Norwegian supply
Oil prices rose slightly on Friday, maintaining most of their gains to stay close to their maximum levels in months, as major producers’ summit in Vienna announced the market was well on its way towards rebalancing.
read more... 25/09/2017
Daily (29.08.2017): Gasoline prices boosted by Hurricane Harvey, but crude oil prices lower
Oil prices fell on Monday as diminished oil supply was offset by the refinery shutdowns due to Hurricane Harvey. Traders expect refineries demanding less oil as they take weeks to come back on line. Brent crude, on the other hand, stayed stronger as the U.S. will demand product from Europe as well as due to some shut down of Libyan oil production over the weekend. Brent crude closed 1% down at $51.89, while WTI price lost 2.71% to end at $46.57 a barrel.
read more... 29/08/2017