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Daily: Crude oil futures end mitigated drawn by views on economy and Fed
Crude oil futures were mixed on Tuesday, with Brent declining on a weak global economic outlook and U.S. crude ended higher, pushed up by the optimism about the Federal Reserve’s stimulus program. Meanwhile, U.S. crude futures settled 48 cents higher at $93.61 per barrel, increasing one-half percent after dropping as low as $91.65. Brent crude oil futures settled 24 cents lower at $102.19 a barrel after trading between $101.08 and $102.85.
read more... 31/05/2013
Daily: European spot power prices drop on low pre-holiday demand
Crude oil futures dropped nearly by 2 percent on Wednesday as U.S. stock markets dropped from recent record levels and as investors worried about an uncertain demand outlook for the world economy amid weak growth forecasts for China.
read more... 30/05/2013
Daily: Crude oil increases over $1 on strong equities, Middle East tension
Brent crude oil increased by more than $1 on Tuesday, encouraged by U.S optimism and signs of easier monetary policy from central banks which stimulated stock markets, while the intensification of tension in Middle East also contributed to oil support.
read more... 29/05/2013
Daily: European power prices ease on less demand, reasonable output
Brent oil crude futures dropped on Monday after last week’s weaker data continued to have impact over a market weakened following public holidays in the United States and Britain.
read more... 28/05/2013
Daily: UK spot gas prices continue to be high on cold weather
Brent crude oil prices dropped deeper on Friday, as traders exited short positions ahead of a long holiday weekend in the Unites States, registering the largest weekly percentage decline in more than a month.
read more... 27/05/2013