Latest news
Daily: Brent and WTI prices up for third session on supply concerns
Brent and WTI crude oil prices rose for a third consecutive session on Tuesday following worries about supplies from OPEC nations Libya and Iraq.
read more... 14/08/2013
Daily: Crude oil prices register moderate gains sunk by dollar
Crude oil prices ended with moderate gains on Tuesday, backed by a stock market advance and concerns over Egypt. However, the gains were capped by a strong U.S. dollar and supplies brought back online. Brent crude oil futures closed the day 38 cents higher at $107.81 per barrel. Meanwhile, U.S. crude oil futures rose 39 cents at $103.53, after trading as low as $102.31.
read more... 10/07/2013
Daily: British gas edges up on colder weather forecast, drop in imports from Norway
Brent crude oil dropped on Monday following news that Libya’s major Sharara oilfield and an Iraqi pipeline will resume operations, easing concerns about global oil supplies after an early hike to a three-month high above $108 a barrel on continuing unrest in Egypt.
read more... 09/07/2013
Daily: European spot power prices up ahead of the EU Parliament vote
Oil futures settled above $101 a barrel Wednesday, following intensification of turmoil in Egypt and worries about supply disruptions in the Middle East after a U.S. report showed a major drop in last week’s crude supplies. Brent crude settled higher on Wednesday increasing $1.76 to $105.76, its highest level since June 19. U.S. crude futures for August ended at $101.24 a barrel on the NYMEX, up 1.7%.
read more... 04/07/2013
ENEL to sell its Marcinelle power plant in Belgium to Gazprom
Italy's Enel SpA has decided to sell its Marcinelle power plant in Belgium to Russia's OAO Gazprom, for 227 million euro on a cash and debt free basis, as the biggest Russian company intends to enhance its presence in Europe's power production sector where it supplies 25% of gas requirements.
read more... 24/06/2013