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Daily: Crude oil prices down 2%, posting third weekly decline
Crude oil prices lost as much as 2% on Friday, registering their third weekly fall, dragged down by a soaring dollar and higher interest rate expectations after a spike in U.S. jobs growth on October. Brent crude price decreased by 56 cents, or 1.2 percent, to settle at $47.42 a barrel, recording a 4.2% on the week. WTI crude shed 91 cents, or 2 percent, to close at $44.29. It fell 5 percent on the week.
read more... 09/11/2015
Daily: European coal prices soar on approaching winter peak demand season
Crude oil futures recorded their lowest settlement level in more than a week, dragged down by increasing crude inventories in the United States and the dollar appreciation. West Texas Intermediate (WTI) crude for December delivery fell $1.12, or 2.4%, to settle at $45.20 a barrel on the New York Mercantile Exchange. That was the lowest level since October 27. Brent crude on London’s ICE Futures exchange decreased by 60 cents, or 1.2%, to close at $47.98 a barrel, with prices also at their lowest close in over a week.
read more... 06/11/2015
New record for Russia in terms of oil output
Russia has set a new post-Soviet record in terms of oil production reaching something like 10.7 million barrels per day in October, or more than 530 million tons. Meanwhile, Saudi Arabia’s oil production arrived at 10.1 million barrels per day in the same period.
read more... 03/11/2015
Daily: British gas prices tumble on milder weather outlook, weaker consumption
Crude oil prices declined on Monday after pessimistic Chinese factory data intensified worries about energy demand in the No.2 economy, while record high Russian crude output helped to ease the global supply glut. Brent crude declined by 77 cents, or 1.6 percent, to settle at $48.79 a barrel. U.S. crude futures slipped 45 cents, or 1 percent, to close at $46.14.
read more... 03/11/2015
Europe’s greenhouse gas emissions plunge 23% on 1990 levels
Carbon dioxide emissions have dipped to a record-low, while the EU’s economy continues to bolster, according to a report unveiled by the European Environment Agency (EEA).
read more... 22/10/2015