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Daily: Crude oil prices rebound after long losing strip
Crude oil prices recovered from a long losing streak on Thursday as traders bought back contracts to secure their profits. Brent crude increased 39 cents to settle at $108.67 a barrel, rebounding after eight days of losses, the longest slump since 2010. U.S. crude rose 64 cents to close at $102.93 a barrel, recovering from a nine-day losing strip, the longest slide since late 2009.
read more... 11/07/2014
Daily: Oil crude prices plunge on oil crisis end in Libya
Both crude oil benchmark contracts dropped on Thursday as supply worries started to attenuate after Libyan government has reached a deal with rebels to end the oil crisis that has curbed exports from the OPEC member. Brent hit a session low of $110.53 before paring losses ahead of the settlement. U.S. oil slipped 42 cents to close at $104.06 a barrel, after plunging as low as $103.67 earlier in the session, posting a three-week low.
read more... 04/07/2014
ICE Endex: German power contracts will be launched next month
German power futures and options contracts will be launched on the European energy exchange ICE Endex on June 10, as stated by the parent company Intercontinental Exchange Group on Tuesday.
read more... 28/05/2014
Gazprom intends to make contract adjustments so as to keep European customers
Russia’s major natural gas producer Gazprom plans to make modifications to contracts so as to preserve its European clients in spite of western sanctions on Russia over Ukraine, as stated in the newspaper Vedomosti on Monday.
read more... 18/03/2014
AREVA in talks with Niger on uranium contracts
Areva nuclear group, based in France, has made an essential step in talks with the Niger government on new contracts to extract uranium, as stated on Friday by Luc Oursel, the chief executive officer of the company.
read more... 10/03/2014