Latest news
Daily: European coal prices boost on Colombian miners’ strike
Crude oil prices dropped on Wednesday, dragged down by pessimistic data from China, with U.S. crude declining more harshly than Brent late in the session as traders took profits on the spread difference between two contracts. Brent crude edged $1.23 down on Wednesday to settle at $107.19 a barrel. U.S. WTI crude lost $1.84 to settle at $105.39, after closing 29 cents higher. Brent's premium to U.S. oil futures diminished to 56 cents in early European trade, then broadened in the U.S. afternoon, settling at $1.80.
read more... 25/07/2013
Gazprom to cut gas prices for its European customers in 2013
The gas giant Gazprom announced it will cut pipeline gas prices for European clients this year amid strong competition from other natural gas suppliers and cash-strapped energy companies in Europe incapable to pay the old high prices listed in the long-term supply contracts.
read more... 06/06/2013
Eni carries off custumers of GDF Suez
Since 2011, Eni is the second largest gas supplier in France, with total gas deliveries of 74 TWh, representing 14% of the overall market share. GDF Suez still leads the French retail gas market but will have to work harder to maintain its residential customers. Daily, about 500 French consumers sign up contracts with Italian company Eni.
read more... 23/05/2013
Daily: UK gas prices tumble amid firmer supply
Brent crude oil futures for April delivery dropped 84 cents to settle at $111.87 a barrel, while U.S. crude oil futures for April delivery increased by 13 cents to settle at $92.76 on Wednesday as investors worried that Federal Reserve's stimulus program will be maintained against the sixth consecutive weekly increase in U.S. crude oil inventories. The Brent contract traded between $111.65 and $113.35, while U.S. crude contracts traded between $92.18 and $93.37 during the session.
read more... 28/02/2013
Daily: European power prices soar on forecasts for colder weather
Brent crude oil futures dropped on Monday on worries about the euro zone economy, while U.S. crude climbed and reduced the spread between the two contracts. Brent March crude declined 77 cents, or 0.65 percent, to settle at $118.13 a barrel, having traded from $117.54 to $119.07. Meanwhile, U.S. March crude increased by $1.31, or 1.37 percent, to settle at $97.03 a barrel, having traded from $94.97 to $97.09.
read more... 12/02/2013