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Daily: Oil crude prices plunge on oil crisis end in Libya
Both crude oil benchmark contracts dropped on Thursday as supply worries started to attenuate after Libyan government has reached a deal with rebels to end the oil crisis that has curbed exports from the OPEC member. Brent hit a session low of $110.53 before paring losses ahead of the settlement. U.S. oil slipped 42 cents to close at $104.06 a barrel, after plunging as low as $103.67 earlier in the session, posting a three-week low.
read more... 04/07/2014
Daily: Brent crude insignificantly changed amid choppy trading on eased supply concerns
Brent crude oil suffered little changes in agitating trading on Friday as investors moved to square positions after one of the international benchmark’s largest weekly declines in 2014 due to attenuated worries about exports from war-hit Iraq.
read more... 30/06/2014
Daily: UK winter gas plunges to the lowest level since October 2011
The European and U.S. crude oil benchmarks dropped on Thursday as worries about exports disruptions from war-devastated Iraq attenuated, allowing market participants to take some profits. Brent crude declined 79 cents to close at $113.21, its weakest settlement since June 16. U.S. crude fell 66 cents to end at $105.84, the lowest settlement since June 11.
read more... 27/06/2014
Daily: European coal slumps on low demand, warmer temperatures
Brent crude declined on Wednesday as concerns about supply disruptions from Iraq eased, while WTI crude oil climbed on news that the U.S. federal officials approved exports of condensate, an ultra-light oil.
read more... 26/06/2014
Daily: Brent crude posts the largest one-day decline in seven weeks as Iraq supply worries ease
Brent crude posted its sharpest one-day decline in seven weeks on Monday as worries about disruptions to Iraqi crude supplies begun to ease given that exports have so far been unaffected by a Sunni Islamist rebellion. Iraq carries 90 percent of its crude exports from southern terminals, which are far away from the Sunni insurgency.
read more... 24/06/2014