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EIB provides a 175 million dollars loan for France-Spain power interconnector
The European Investment Bank (EIB) has granted a 175 million euros loan to the Spanish Red Electrica, to finance the second power interconnector between Spain and France.
read more... 19/06/2012
Daily: Brent crude at 17 month low on euro zone worries
Brent crude dipped to a near 17 month low below $95 a barrel on Tuesday as the pro-bailout bloc win in Greek polls failed to ease woes about the European Union's future and driven down by persistent worries about Spain's debt.
read more... 19/06/2012
Daily: UK gas traded higher on Norway imports decline
Brent crude oil prices touched a one-week high above $99 a barrel on Monday after Greek pro-bailout political parties won enough seats to form a joint government, but prices have rapidly came off peaks installed as focus returned to other European countries hit by the debt crisis, as Spain and Italy.
read more... 18/06/2012
Daily: Brent crude futures edge up on Spain rescue fund
Brent crude futures edged up more than $2 on Monday following the decision of the 17-nation euro currency area to lend Spain up to €100bn for its bank rescue fund, move that revived hopes of steady oil demand growth.
read more... 11/06/2012
Daily: Europe prompt power prices down on German holiday
Brent crude futures declined on Thursday due to a weak demand, but prices were supported around $100 by expectations the United States will introduce measures to boost its economy and by signs that European policymakers would find a way to deal with Spain's banking crisis.
read more... 07/06/2012