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Daily: German spot power increased, while French declined before holiday
Oil prices dropped on Tuesday since Iran and six global powers arrived at a nuclear deal that might see a reducing of sanctions against Tehran and an ongoing raise in its oil exports just as Asian economies showed more signs of weakness.
read more... 14/07/2015
Daily: Oil prices dropped since Iran nuclear agreement seems probable
Oil prices dropped by around 3 percent on Monday since Iran and six world powers were near to settling a nuclear agreement and European leaders failed to agree a Greek bailout, taking the euro zone's debt crisis into another week.
read more... 13/07/2015
IEA: Crude oil prices set to continue the slowdown trend
Crude oil prices will continue to decline due to a massive supply glut, according to the International Energy Agency (IEA).
read more... 13/07/2015
Daily: Crude oil rebounds by about 3% on China stocks pick up, Iran nuclear uncertainty
Crude oil recovered sharply on Thursday from three-month lows reached previously in the week, with prices increasing about 3% as Chinese collapsing stock market picked up and oil traders remained uncertain about talks for a nuclear deal that will permit Iran to export more crude. Brent crude rose by $1.56, or 2.7 percent, to settle at $58.61 a barrel. On Monday, Brent hit a three-month low of $55.10. WTI crude settled boosted $1.13, or 2.2 percent to close at $52.78. This week's low of $50.58 was the lowest since April.
read more... 10/07/2015
Daily: British prompt gas prices edge up on weaker supply from Norway, cooler weather
WTI crude oil futures declined over 1 percent on Wednesday after an unexpected increase in inventories, while gasoline jumped on bets for strong fuel demand during the peak summer driving season. Brent rose 20 cents, or 0.4 percent, to settle at $57.05. U.S. crude's front-month contract fell 68 cents, or 1.3 percent, to close at $51.65 a barrel. It had slipped on Tuesday to touch $50.58, its weakest level since April 8.
read more... 09/07/2015