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Daily: UK gas prices increase on concerns about conflict intensification in Ukraine
Crude oil prices declined on Wednesday on ample supplies in the United States which dragged the U.S. contract to the lowest settlement in six months, while Brent prices plunged near nine-month lows. U.S. crude for September delivery dropped 46 cents to close at $96.92 a barrel, its weakest close since February 3. Brent crude oil fell by 2 cents settle at $104.59 a barrel, its lowest close since November 7.
read more... 07/08/2014
Daily: Brent crude plunges at 9-month low on robust supply, low demand
Crude oil prices declined on Tuesday, with Brent plunging to a nine-month low as robust supplies in Europe and North America offset fears that violence in the Middle East and North Africa could cut production. Brent crude dipped 80 cents to close at $104.61, the weakest settlement since November 2013, while U.S. crude declined 91 cents to settle at $97.38, the lowest settlement since early February.
read more... 06/08/2014
Daily: European coal prices remain unchanged on weak demand forecasts
Crude oil prices on both sides of the Atlantic increased on Monday, as investors turned their attention to concerns about continuing violence in Libya and other global hotspots, leaving behind worries about supplies glut. Brent crude rose 57 cents to close at $105.41 a barrel, rebounding from a session low of $104.52. U.S. crude boosted 41 cents to settle at $98.29 a barrel, after hitting a session low of $97.43.
read more... 05/08/2014
Daily: Crude oil prices drop on supply glut, weak demand
Brent and U.S. crude futures dropped on Friday, hitting the weakest settlement prices in months, as supply glut in the Atlantic basin and low demand offset worries over political conflicts in the Middle East, North Africa and Ukraine.
read more... 04/08/2014
Daily: Brent crude slumps amid strong OPEC oil production
Brent crude slipped on signs of strong OPEC oil production, while U.S. crude also declined on Thursday, going below $98 a barrel, reaching the weakest level since March amid news of an eventual closure for indefinite period at a Kansas oil refinery. Brent crude for September delivery closed down 49 cents at $106.02 a barrel, having declining more than 6 percent in July, on track to hit its biggest monthly fall since April 2013. U.S. crude futures for September delivery slipped $2.10 to settle at $98.17 a barrel, on course for a monthly drop of nearly 7 percent, its largest since May 2012.
read more... 01/08/2014