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Daily Energy Market Overview 09.21.2010
At 13:30 GMT, U.S. crude for October, which expires on Tuesday, dropped 96 cents to $73.90 per barrel, a much pronounced decrease than expected. While the U.S. crude for November increased by 35 cents to $75.84 per barrel.
read more... 22/09/2010
U.S. crude inventories increase more than estimated
Last week, US crude inventories increased by 4.8 million barrels, much more than estimated, or 1.1 million barrels, whilst the stocks of the products dropped, as stated by American Petroleum Institute on Tuesday.
read more... 02/09/2010
Mild weather reducing US Henry Hub spot prices
Gas prices are falling down on U.S. gas market, after having registered gains in 5 consecutive sessions. The drop of the spot prices is influenced by gas futures, after expectations of warm weather in US gas consuming regions.
read more... 11/06/2010
Oil swings near $68 on high stocks worries
Oil swings near $68, after registering a seven-month low on Wednesday, the third decrease this week, as consequence of increasing U.S. crude stocks, influenced by stricter financial regulation in the U.S. and implications of Europe debt crisis on most commodities.
read more... 19/05/2010
Oil drops below $70 per barrel
Oil hit its lowest three months’ level below $70 per barrel on Monday, registering a loss of about 17% during last two weeks, due to Europe's debt crisis, the weak euro and increasing U.S. oil stocks.
read more... 17/05/2010