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Daily: UK natural gas prices climb amid Ukraine warning of "all types of transit" halting
Brent crude oil dropped toward $105 a barrel on Friday following the U.S. military air strikes in Iraq that may diminish the risk of oil supply disruptions from OPEC’s second largest producer, while U.S. crude gained support from reviving stock market. Brent crude rallied to a weekly high of $106.85 earlier in the session, but soon turned negative and settled 42 cents lower at $105.02 a barrel. U.S. crude boosted 31 cents to close at $97.65 a barrel, off an intraday high of $98.45.
read more... 11/08/2014
Eni to slash its oil refining capacity amid European overcapacity
Plans by Italian oil giant Eni to halve its oil refining capacity could wring out a quarter of Europe’s refining overcapacity.
read more... 11/08/2014
Daily: UK gas prices increase on concerns about conflict intensification in Ukraine
Crude oil prices declined on Wednesday on ample supplies in the United States which dragged the U.S. contract to the lowest settlement in six months, while Brent prices plunged near nine-month lows. U.S. crude for September delivery dropped 46 cents to close at $96.92 a barrel, its weakest close since February 3. Brent crude oil fell by 2 cents settle at $104.59 a barrel, its lowest close since November 7.
read more... 07/08/2014
Daily: Brent crude plunges at 9-month low on robust supply, low demand
Crude oil prices declined on Tuesday, with Brent plunging to a nine-month low as robust supplies in Europe and North America offset fears that violence in the Middle East and North Africa could cut production. Brent crude dipped 80 cents to close at $104.61, the weakest settlement since November 2013, while U.S. crude declined 91 cents to settle at $97.38, the lowest settlement since early February.
read more... 06/08/2014
Daily: European coal prices remain unchanged on weak demand forecasts
Crude oil prices on both sides of the Atlantic increased on Monday, as investors turned their attention to concerns about continuing violence in Libya and other global hotspots, leaving behind worries about supplies glut. Brent crude rose 57 cents to close at $105.41 a barrel, rebounding from a session low of $104.52. U.S. crude boosted 41 cents to settle at $98.29 a barrel, after hitting a session low of $97.43.
read more... 05/08/2014