Oil prices declined, influenced by worries over reducing demand, a rising US dollar and a higher US crude production that has shaken investors' faith in the ability of OPEC to rebalance the market.
read more... 10/05/2017
A new energy firm that offers 100% green power has been launched. Pure Planet proposes only one tariff – the same price the company pays on the wholesale market.
read more... 09/05/2017
Oil prices increased on anticipations that an OPEC-led pledge to reduce production would be protracted beyond the first half of the year and into 2018, even though global supply still influenced the markets. Brent crude closed 24 cents up, or around 0.5 percent, at $49.34 per barrel.
read more... 09/05/2017
Oil prices increased on Friday after strong downward trend, supported by the market news that Russia is going to join the OPEC for production cuts to reduce the world's persistent glut of crude.
read more... 08/05/2017
Oil prices dropped for the fourth consecutive day on Thursday, hitting their lowest level since November 2016, after data showed a less than expected decline in U.S. inventories and as OPEC and other producers would probably disapprove more supply cuts to reduce the world's persistent glut of crude.
read more... 05/05/2017