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Daily Energy Market Overview 09.22.2010
At 09:42 GMT, U.S. crude for November increased $0.44 to $75.41, while ICE Brent for November registered an increase of $0.12 to $78.54. Oil increased above $75 a barrel on Wednesday, recovering some losses of the previous session, being supported by a weaker dollar.
read more... 23/09/2010
Daily Energy Market Overview 09.21.2010
At 13:30 GMT, U.S. crude for October, which expires on Tuesday, dropped 96 cents to $73.90 per barrel, a much pronounced decrease than expected. While the U.S. crude for November increased by 35 cents to $75.84 per barrel.
read more... 22/09/2010
Russian joint venture, TNK-BP signed a deal to supply crude oil blend to Vietnam
On Monday, TNK-BP announced it has signed a contract to supply Russian ESPO crude oil blend to Vietnam, as the company is still going to buy BP’s assets in the Asian state.
read more... 21/09/2010
Oil price drops to $76 for the second day consecutively
Oil price decreased for the second day consecutively on Wednesday, since the biggest Canada-US crude pipeline has been prepared to restart by the end of the week, according to Enbridge, which is in the process of finalizing repairs on the duct.
read more... 16/09/2010
Russian crude export duty might decline 3 percent in October
According to the Finance Ministry data and Reuters calculations, oil export duty for October in Russia may drop about 3 percent to between $265 and $267 per tonne following the decline in crude prices during the second half of August.
read more... 14/09/2010