Latest news
Daily – power up on cooler weather forecast
NYMEX and Brent crude oil futures rose in a row on Monday as expectations increased that Greece and Italy could find a solution over its debt problems and on new worries about Iran’s nuclear program. U.S. crude oil futures for December delivery traded at 95.52 dollars a barrel, adding 1.26 dollars, registering the utmost closing price since July 29, while ICE Brent crude for December delivery traded at 114.56 dollars a barrel, up 2.59 dollars, and also having set the highest settlement since October 14.
read more... 08/11/2011
Daily – oil higher as markets awaits vote in Greece
U.S. and Brent crude oil futures ended higher on Thursday on news that Greece could avoid a national referendum and unexpected European Central Bank interest cut. ICE Brent crude for December delivery traded at 110.83 dollars a barrel, losing 1.49 dollars after having traded between 107.83 and 111.24 dollars a barrel. NYMEX crude for December delivery settled at 94.07 dollars a barrel, adding 1.56 dollars after having traded from 90.87 to 94.61 dollars.
read more... 04/11/2011
Daily – power at a 7- ½ month low level
U.S. and Brent crude oil futures decreased on Tuesday settling for the third drop in line following an unexpected proposal of Greece over a referendum vote threatened to derail a European bailout plan regarding the euro zone debt crisis.
read more... 02/11/2011
Greece to invest 1 billion euros in solar power
According to the Deputy Prime Minister and Finance Minister of Greece, Evangelos Venizelos, the country will attempt to accelerate the approval of three PV large-scale photovoltaic projects worth 1 billion euros.
read more... 18/10/2011
Weekly Energy Trends - EUAs Fell Below 12 EUR/tonne
Oil Worldwide - Brent crude oil futures fell strongly in volatile trading as fresh concerns about the euro zone added to the economic obscurity pushed prices down 6.9% last week. Fresh strikes emerged in Greece in protest against new budget austerity steps. U.S. stocks had a bleeding week, the Dow Jones falling 6.4%.
read more... 26/09/2011