Latest news
Daily – NYMEX at 15 weeks high level
NYMEX crude oil futures increased at their utmost levels in 15 weeks on Friday as Italy and Greece were attempting to find the solution for their political and debt problems and on positive U.S. consumer sentiment. U.S. crude oil for December delivery valued 98.99 dollars a barrel, gaining 1.21 dollars, having set the maximum value for a front-month contract since July 26.
read more... 14/11/2011
Daily – energy prices jump across the board
U.S. and Brent crude oil futures pared gains on Thursday on supportive American economic data and on investors’ efforts to keep Italy’s economic crisis from spreading over other European economics.
read more... 11/11/2011
Daily – oil mixed on political uncertainty in Italy
Crude oil futures were mixed on Tuesday following the political uncertainty in Italy that could worsen the euro zone debt crisis and worries over Iran’s nuclear program. NYMEX crude for December delivery traded at 96.80 dollars a barrel, gaining 1.28 dollars a barrel, having set the utmost front-month closing price since July 28 when it closed the session at 97.44 dollars. By 17:37 GMT, ICE Brent crude for December delivery traded at 114.47 dollars, losing 9 cents.
read more... 09/11/2011
Daily – power up on cooler weather forecast
NYMEX and Brent crude oil futures rose in a row on Monday as expectations increased that Greece and Italy could find a solution over its debt problems and on new worries about Iran’s nuclear program. U.S. crude oil futures for December delivery traded at 95.52 dollars a barrel, adding 1.26 dollars, registering the utmost closing price since July 29, while ICE Brent crude for December delivery traded at 114.56 dollars a barrel, up 2.59 dollars, and also having set the highest settlement since October 14.
read more... 08/11/2011
EU biodiesel output facing high external competition
EU biodiesel imports saw a high increase in 2011 and are likely to reach 2.52 million tonnes in January/December 2011, up 21 percent from previous year. Most of the high volumes of biodiesel were imported by Italy and Spain, while the European Union imported 1.1 million tones from Argentina and 516,000 tones from Indonesia and Singapore.
read more... 02/11/2011