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Daily: European power prices firm alongside carbon prices
Brent crude oil registered at a three-month low on Tuesday, dragged down by the downturn in emerging markets, while U.S. crude settled higher, spurred by continued demand for heating fuels and the expectation of oil inventory figures to indicate a large draw from storage at the benchmark's delivery point, at Cushing, Oklahoma.
read more... 05/02/2014
Daily: Crude oil prices mixed, spread widens
Crude oil prices were mixed on Wednesday, with Brent trading higher, encouraged by disruptions in Libyan oil exports and with U.S. oil trading lower for a second consecutive day on large inventory data.
read more... 31/10/2013
Daily: European carbon allowances trade beyond 4.20-euro resistance level
Brent crude traded above $108 on Tuesday, backed by a weaker dollar as investors were pending for U.S. crude inventory data for additional clues on the outlook for demand in the world’s largest oil consumer. Meanwhile, Brent crude oil futures rose 11 cents to $108.26 a barrel by 04:50 GMT. U.S. crude traded 15 cents up to $107.09 after retreating sharply on Monday from last week's 16-month high as traders sold to lock in profits.
read more... 23/07/2013
Daily: British gas prices decline on higher supplies from Norway
Brent crude oil prices dropped on Tuesday after a global energy regulator described world supplies as “comfortable” and after analysts’ forecasts showed strong U.S. crude inventory. Meanwhile, Brent crude oil slipped 22 cents to settle at $102.60 per barrel, after trading largely within a $1 range. U.S. light, sweet crude closed down 96 cents at $94.21 per barrel.
read more... 15/05/2013
Daily: European power spot prices settle higher on colder temperatures
Brent and U.S. crude oil futures settled higher on Wednesday supported by Energy Information Administration's (EIA) weekly inventory report showing a decline in U.S. crude last week.
read more... 17/01/2013