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Daily:UK gas prices up on low supplies from Norway
Brent crude rose close to $114 a barrel on Tuesday after the European economic data were not as weak as expected and ahead of a U.S. report likely to show a fall in oil stockpiles. By 10:28 GMT, Brent crude climbed 34 cents to $113.94 a barrel, after settling 65 cents up at its highest level since May, while U.S. crude rose 38 cents to $93.11 a barrel.
read more... 14/08/2012
Daily: UK gas prices jump on lower imports from Norway
Brent crude was standing steady above $103 per barrel on Tuesday on hopes of more policy measures by central banks to stimulate global economic growth ahead of U.S. Federal Reserve Chairman Ben Bernanke's testimony.
read more... 17/07/2012
Daily: UK gas plunges 7% after Norway strike end
Brent crude declined below $99 a barrel on Tuesday on Chinese low crude imports data in June and on the alleviation of worries about supply disruption following the end of labour strike in Norway’s oil industry.
read more... 10/07/2012
Norway’s oil strike
About 700 Norwegian offshore oil and gas sector workers were to continue their strike, after a second round of talks with employers failed last Wednesday. The strike has shut down five oil and gas fields on the Norwegian continental shelf and has already cut Norway's oil production by around 13 percent and gas output by 4 percent.
read more... 09/07/2012
Daily: Brent up on Iran tensions and Norway strike
Brent crude rose above $98 per barrel on Tuesday as rising tensions between Iran and West balanced worries that pessimistic manufacturing data from China, the United States and Europe will hit oil demand.
read more... 03/07/2012