Latest news
Russia and Ukraine settle on gas negotiations on September 6
Russia's Energy Minister Alexander Novak declared on Monday that Moscow and Kiev have decided to hold a new round of negotiations to resolve a gas crisis on September 6.
read more... 02/09/2014
Daily: UK gas prices tumble amid a modest oversupply, Russia-Ukraine negotiations
Crude oil futures were flat aftermath a choppy trading on Wednesday, following a report indicating falling U.S. gasoline demand in the largest oil consumer in the world and an increase at the key Cushing, Oklahoma storage hub. Brent crude for October delivery boosted 22 cents to settle at $102.72 a barrel, after having fluctuated by $1 between $102.05 and $103.07. WTI crude increased 2 cents to close at $93.88 a barrel after settling 51 cents higher on Tuesday on upbeat U.S. economic data.
read more... 28/08/2014
Daily: European prompt power prices jump on weak renewable energy production
Brent crude oil increased on Monday, while WTI crude dropped amid light trading, as geopolitical tensions in Ukraine and in Libya help offset plentiful supplies and expected weak demand after a set of pessimistic economic data from the United States and Europe. Brent crude augmented 36 cents to close at $102.65 a barrel, after hitting a 14-month low of $101.07 on August 19. U.S. crude slipped 30 cents to settle at $93.35 a barrel.
read more... 26/08/2014
Daily: WTI Crude oil drops for a fifth consecutive week on plentiful supplies
U.S. crude oil futures dropped on Friday for a fifth consecutive week of declines, while Brent was pressured by a stronger dollar and ample supplies despite an intensification of tensions between Russia and Ukraine.
read more... 25/08/2014
Germany approved sale of $6.9 billion RWE oil and gas division to Russian investor
Germany's economy ministry approved the vending of utility RWE's oil and gas division DEA to a Russian investor in spite of conflicts between Russia and the West over the Ukraine crisis.
read more... 25/08/2014