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Daily: German power prices strike a new five-month high on firmer fuel
Brent crude futures traded steady over $111 a barrel on Thursday as players waited to see if diplomatic efforts to eliminate Syria's chemical weapons avoid the threat of U.S. military action that could lead to disruption of oil supplies.
read more... 13/09/2013
Could the attack on Syria trigger a fuel crisis?
The worries that a potential US strike on Syria would spread unrest and further disrupt Middle East crude supplies had driven up oil prices in recent weeks.
read more... 10/09/2013
Daily: European spot power prices down on more wind and sun power generation
Brent crude oil settled lower on Wednesday as it emerged that a military strike against Syria would remain restricted, repressing fears of supply disruptions in the Middle East. U.S. oil lost more than $1 per barrel, as any Middle East conflict might further tighten already restrained global supplies. Brent prices for October delivery decreased 77 cents at $114.91, after trading as high as $116.09 and as low as $114.40. While U.S. crude oil for October delivery established at $107.23 a barrel, decreasing $1.31, or 1.2%.
read more... 05/09/2013
Daily: EU coal prices decreased on dollar growth
Brent crude prices boosted to a six- month peak on Wednesday, as the menace of Western countries involvement in the Syrian conflict augmented fears over Middle East oil supplies. Brent futures for October delivery increased $2.25 to settle at $116.61. During the session Brent futures reached a six-month high, at $117.34. U.S. crude futures was up $1.09 at $110.10 per barrel.
read more... 29/08/2013
Daily: Brent prices increased to six month high on rising anxiety in Syria
Brent crude jumped to a six-month high on Tuesday, increasing more than $3 in heavy trading to reach $114 per barrel on rising worries on Syria, while U.S. crude also added more than $3 per barrel on worries that Western involvement could undermine the Middle East supplies. Brent crude registered its biggest daily percentage gain since October, growing $3.63 at $114.36 per barrel a 3.3 percent increase, after hitting a session high of $114.42. Meanwhile U.S. crude augmented 3.09 dollars to settle at $109.01 per barrel.
read more... 28/08/2013