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Daily: European coal prices soar on approaching winter peak demand season
Crude oil futures recorded their lowest settlement level in more than a week, dragged down by increasing crude inventories in the United States and the dollar appreciation. West Texas Intermediate (WTI) crude for December delivery fell $1.12, or 2.4%, to settle at $45.20 a barrel on the New York Mercantile Exchange. That was the lowest level since October 27. Brent crude on London’s ICE Futures exchange decreased by 60 cents, or 1.2%, to close at $47.98 a barrel, with prices also at their lowest close in over a week.
read more... 06/11/2015
Daily: British gas prices spurred by cut in Dutch imports, weak demand forecast
Crude oil declined on Wednesday, erasing most of their gains from the previous day, as a strong dollar, declining gasoline prices and increasing U.S. crude stockpiles weighted on the market. Brent crude futures fell $1.96, or 3.9 percent, to end at $48.58 a barrel. It had boosted $1.75 on Tuesday. WTI crude shed $1.58, or 3.3 percent, to settle at $46.32. It rose by $1.76 in the previous session.
read more... 05/11/2015
Daily: Crude oil prices rebound by 4% on production disruption concerns in Brazil, Libya
Crude oil prices rebounded by about 4 percent on Tuesday as a hike in U.S. gasoline and diesel after a disruption on a key pipeline system added further support to oil markets already buoyed by an industry strike in Brazil and force majeure for Libyan crude loadings. Brent crude edged $1.75 higher, or 3.6 percent, to settle at $50.54 a barrel, after hitting a peak of $50.91 during the session. U.S. crude boosted $1.76, or 3.8 percent, to close at $47.90. The session's peak was $48.36.
read more... 04/11/2015
Daily: British gas prices tumble on milder weather outlook, weaker consumption
Crude oil prices declined on Monday after pessimistic Chinese factory data intensified worries about energy demand in the No.2 economy, while record high Russian crude output helped to ease the global supply glut. Brent crude declined by 77 cents, or 1.6 percent, to settle at $48.79 a barrel. U.S. crude futures slipped 45 cents, or 1 percent, to close at $46.14.
read more... 03/11/2015
Daily: Crude oil prices recover, with WTI up 6%
Crude oil prices recovered on Wednesday, with WTI crude increasing more than 6% as the government unveiled a stockpile hike that reversed pessimistic market expectations and after the Federal Reserve's announcement that it would leave interest rates near zero. U.S. crude rose by $2.74 to close at $45.94 a barrel, hitting a session high at $46.01. Brent crude jumped $2.24 to settle at $49.05. U.S. crude's hike of 6% was the biggest in two months. Brent's 5 % increase was the biggest in three weeks.
read more... 29/10/2015