Latest news
Daily: European spot power prices up on colder weather, weak wind supply
Crude oil prices declined on Monday, falling 5 % as traders took profits after last week’s hike to an 11-week high and report that OPEC kept on to increase production despite a continuous oversupply. Both Brent and U.S. crude futures recorded the largest percentage losses since the start of September with the North Sea crude slipping $2.79 at $49.86 and West Texas Intermediate declining $2.53 at $47.10. OPEC slashed its estimate of 2016 world oil demand growth by 40,000 bpd to 1.25 million bpd amid sluggish growth in China.
read more... 13/10/2015
Daily: European coal prices pressured by a global supply glut
Crude oil prices declined in volatile trading on Wednesday, breaking a three-day increase, after U.S. government figures indicating a massive crude stockpile increase surprised traders the day after an industry group had reported a decline. Brent, the global crude benchmark, fell 59 cents, or 1.1 percent, to settle at $51.33 a barrel. The West Texas Intermediate (WTI) shed 72 cents, or 1.5 percent, to close at $47.81.
read more... 08/10/2015
Ukraine reduces gas imports from Europe in October
Ukraine, which still has no final accord with Russia on gas supplies for the winter, has suddenly cut its imports from Europe this month, as stated by Ukrainian gas transport monopoly Ukrtransgaz on Wednesday.
read more... 08/10/2015
Daily: European day-ahead power prices jump amid weaker renewable output, robust fuel demand
Crude oil prices soared over $2 a barrel on Tuesday, breaking out of a month-long trading range on technical buying and industry talks as well as spurred by U.S government figures indicating that the global oversupply could ease. Brent rose by $2.67, or 5.4 percent, to settle at $51.92, breaking out of the $47 threshold it had held since early September. WTI jumped by $2.27, or 4.9 percent, to close at $48.53 a barrel.
read more... 07/10/2015
Fruitful integration of the Belgian and Luxembourg gas markets, the first in Europe
Fluxys affiliate Fluxys Belgium and Creos Luxembourg are delighted to announce that they have fruitfully launched the first ever gas market integration between two European Union Member States, specifically Luxembourg and Belgium.
read more... 05/10/2015