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Daily: European coal prices plunge to new multi-year lows on oversupply
Brent crude rocketed to a nine-month high over $115 a barrel on Thursday as the United States said it would send up to 300 military advisers to Iraq, increasing worries about an intensification of conflict. Brent boosted 80 cents to hit $115.06 a barrel, the highest level since September 6. The U.S. crude oil futures contract for July delivery, which expires on Friday, increased 46 cents to close at $106.43.
read more... 20/06/2014
Daily: Brent crude rallies to nine-month high on Iraq supply disruption concerns
Brent crude oil rocketed to a nine-month high on Wednesday supported by concerns about potential supply disruptions due to turmoil in Iraq, while U.S. crude dropped after data from the U.S. Energy Information Administration (EIA) showed domestic crude stockpiles declined much less than the industry group American Petroleum Institute (API) had reported.
read more... 19/06/2014
Daily: Crude oil held steady due to thawing ties between Iran and the West
Brent oil was steady above $113 per barrel and WTI crude oil dropped modestly on Tuesday as fears over a possible oil disruption from Iraq attenuated amid speculations that unrest in Iraq will not extend to the main oil-producing areas in the nation’s south.
read more... 18/06/2014
Daily: Brent crude prices push higher as Iraq violence drives supply concerns
Brent crude oil futures boosted in choppy trading on Monday as Sunni insurgents advanced in Iraq, raising concerns over an eventual interruption to oil exports from OPEC’s second-largest producer. WTI crude oil futures fell as traders booked profits as oil futures rallied to a session peak of $107.54.
read more... 17/06/2014
Daily: Crude oil prices rally to nine-month high amid Iraq clash
Crude oil prices rallied to nine-month highs on Thursday, buoyed by worries that the intensifying violence in Iraq could cut oil supply from the second-largest OPEC producer. Brent futures rose by $3.07 to close at $113.02 a barrel, the highest level since September 9, while WTI oil gained $2.13 to end at $106.53 a barrel, posting equally the highest settlement price since September 18.
read more... 13/06/2014