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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
Daily: French electricity prices increase on stronger electricity consumption expectations
Brent crude oil futures increased toward $110 a barrel on Wednesday as tensions in Iraq intensified concerns about the supply perspective, while WTI crude registered a slight boost since a weekly government report indicated a decline in crude oil and gasoline inventories.
read more... 12/06/2014
Daily: European coal prices for July delivery hit a record low on weak demand, thin profit margins
Brent crude reversed earlier gains to close down on Tuesday, while WTI crude oil also dropped on a stronger dollar and profit taking by traders after solid gains on Monday.
read more... 11/06/2014
Daily: British spot gas prices plunge on supply glut
Brent crude boosted on Monday, adding over $1 to trade greater than $110 a barrel for the first time since June, while WTI crude gained about $2, as upbeat figures from China and the U.S. underlined a strong economic growth and higher demand for oil from the both countries, the two largest consumers in the world.
read more... 10/06/2014
Daily: U.S. crude oil climbs on job increase report, Brent slips as tensions in Ukraine attenuate
U.S. crude oil futures climbed on Friday after a report from the U.S. Labor Department showed a fourth straight month of job gains in May, while Brent crude registered a slight decline as tensions in Ukraine eased.
read more... 09/06/2014