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Daily: European power prices jump on colder weather, lower solar power output
Brent and U.S crude oil prices slumped on Thursday after Brent hit a 1/2 month high and traders took gain amid continuing violence in Libya and upbeat economic data in China and the United States.
read more... 23/05/2014
Daily: U.S. crude oil touches one-month high on stockpiles decline
U.S. crude oil hit a one-month high on Wednesday, posting a gain of about $2 a barrel due to a significant draw in commercial crude stockpiles, while the prolonged unrest in Libya reduced the oil supply, increasing Brent prices.
read more... 22/05/2014
Daily: German, French power prices mixed on squeezed thermal capacity
Brent crude posted a modest gain on Tuesday buoyed by unrest in Libya, pulling upward U.S. oil for July delivery even if domestic inventories were expected to climb.
read more... 21/05/2014
Daily: U.S. oil prices rocket on dollar depreciation, contract expiration
U.S. crude oil prices soared to about one-month highs on Monday a day before the June contract’s expiration on the back of dollar depreciation, while Brent prices slipped alongside the drop in global equities which offset the impact of low Libyan output.
read more... 20/05/2014
Daily: Brent crude posts a weekly gain of 1.8% on tight supply in Libya
Brent crude oil rebounded on Friday to settle about 2 percent higher on the week, spurred by worries about output in Libya, where protesters closed again two oilfields, while violent confrontations burst in the east. Brent crude rose by 66 cents to close at $109.75 a barrel, posting a weekly gain of 1.8 percent. U.S. crude increased by 52 cents, or 0.51 percent, arriving at $102.02 a barrel, or 2 percent higher compared with the previous week.
read more... 19/05/2014