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Daily (09.02.2017): UK’s spot gas prices down around 7% due to a supply glut

Crude oil prices posted a slight increase on Wednesday as investors covered short positions after a build in U.S. crude stockpiles was not as massive as many considered.

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Daily (08.02.2017): European spot electricity prices buoyed by cold spell

Crude oil prices decreased by more than 1 percent on Tuesday and continued to tumble after settlement, dragged down by a massive increase in U.S. crude inventories. The strong recovery in U.S. shale production would complicate efforts by OPEC and other producers to cut the supply glut.

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Daily (07.02.2017): Brent and WTI crude at lowest level since Jan. 31

Crude oil prices tumbled on Monday as robust U.S. supplies and excess speculative length offset OPEC output reductions and mounting tensions between the United States and Iran.

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Daily (06.02.2017): Oil price rises on Iran fresh sanctions by the U.S.

Crude oil prices boosted on Friday after the U.S. president Trump imposed fresh sanctions on a raft of individuals and companies in response to Iran’s test-firing a ballistic rocket last week.

read more... 06/02/2017

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Npower rises energy prices by 9.8%

Energy provider Npower has made known about its intention to increase prices for householders by 9.8%, adding £109 to the average dual fuel yearly energy bill, rising it to £1,188. It includes a growth of 4.8% on gas and 15% on power.

read more... 06/02/2017

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