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Daily: European power forwards at lowest levels since 2003
Oil prices declined in volatile trading, as equities market fell sharply on fears of China's sluggish economy. Previously, crude had rose 4% on Middle East tensions. Data showing a stockpile increase at the Cushing, Oklahoma delivery hub for U.S. crude futures helped reverse crude prices. Brent eased 6 cents to close at $37.22 a barrel and U.S. West Texas Intermediate futures lost 28 cents to settle at $36.76 a barrel.
read more... 05/01/2016
Norway is Western Europe's major gas provider, Russia the second
Norway was Western Europe's top gas supplier in 2015, but Russia tightened the gap from the preceding year, as indicated by preliminary data on Monday.
read more... 05/01/2016
Spanish gas utility obtains €600 million from EU bank
A gas firm in Spain has obtained a loan estimated at €600 million (£443m) from the European Investment Bank (EIB).
read more... 04/01/2016
Daily: Crude oil prices decline towards $37 since weak outlook prevails
Crude oil futures reduced towards $37 per barrel on Wednesday since the market stayed under pressure because of decreasing demand and higher supplies, while predictions that a cold snap in Europe and the United States would be short-lived also influenced prices.
read more... 30/12/2015
Norway: pipeline gas exports to Europe attain new record high
Norway's pipeline gas exports to Europe attained a new annual record high of 107.9 billion cubic metres as of December 29, as indicated by preliminary data from gas system operator Gassco on Wednesday.
read more... 30/12/2015