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Ukraine’s energy efficiency to be enhanced, U.S. bill
A bill proposed by U.S. Senator Edward Markey on Thursday aims to reduce Ukraine's fuel reliance on Russia by improving its heating infrastructure and renewing its Soviet-era natural gas drilling potentials.
read more... 06/06/2014
Daily: Crude oil retreats on peace plan from Ukraine’s president
Brent and WTI crude settled lower on Wednesday on hopes for a peace plan from Ukraine’s new-elected president Petro Poroshenko aimed to end violent clashes between separatists and government forces. The plan helped to calm crude oil’s previous price rally. Brent crude for July delivery slipped 42 cents to end at $108.40 a barrel, while the equivalent crude oil contract in the U.S. fell 2 cents to close at $102.64, after rebounding as high as $103.69 immediately after the publication of U.S. oil stockpiles figures showing a decrease in crude oil stocks the previous week.
read more... 05/06/2014
Daily: UK gas reaches new lows on Russia, Ukraine temporary gas deal
Brent and U.S. crude oil settled down in a nervous trading on Monday, dragged down by a stronger dollar and recently released data showing that OPEC’s oil output increased to a three-month high. Brent crude for July delivery declined 58 cents to close at $108.83 a barrel, after striking $109.87 and further retreating below Brent's 200-day moving average at $109.07. WTI crude for July delivery traded 24 cents down to close at $102.47 a barrel, after hitting an intraday high at $103.35.
read more... 03/06/2014
Daily: Crude oil prices slip at month’s end, but post an increase in May on supply concerns
Brent crude dropped on Friday, but rebounded 1.2 percent over the month, supported by energy supply worries amid continuing unrest in Ukraine. Brent crude declined 56 cents to settle at $109.41 a barrel. WTI crude oil also fell on Friday as traders took profit at the end of the month. However, U.S. crude posted a 3 percent increase in May. U.S. light crude oil slipped by $1.18 to an intra-session low of $102.40 to close 87 cents lower at $102.71 a barrel.
read more... 02/06/2014
Daily: European coal prices fall to a fresh low on warm weather in Europe
Brent crude increased on Thursday, spurred by weak output in Libya and crisis in Ukraine, while WTI crude prices boosted on a considerable drawdown in gasoline that offset an increase in overall crude stocks.
read more... 30/05/2014