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Poland: PKN supplies Iran’s gas condensate for its refinery
Poland's major oil refiner PKN Orlen has supplied a gas condensate cargo of Iranian origin for its Mazeikiai refinery in Lithuania, as stated by traders on Friday.
read more... 27/04/2015
Daily: European carbon plunges to six-week low on weak German power
Brent crude increased by more than $1, while WTI crude futures by more than 42 dollars on Tuesday, spurred by OPEC output cut forecast, as well as by weakening dollar and news that Libya had reduced production after rockets hit an area near the Zawiya refinery. Brent crude for November delivery boosted $1.17 to close at $99.05 a barrel. The front-month U.S. October crude rose $1.96 to settle at $94.88 a barrel.
read more... 17/09/2014
Daily: Brent crude slumps amid strong OPEC oil production
Brent crude slipped on signs of strong OPEC oil production, while U.S. crude also declined on Thursday, going below $98 a barrel, reaching the weakest level since March amid news of an eventual closure for indefinite period at a Kansas oil refinery. Brent crude for September delivery closed down 49 cents at $106.02 a barrel, having declining more than 6 percent in July, on track to hit its biggest monthly fall since April 2013. U.S. crude futures for September delivery slipped $2.10 to settle at $98.17 a barrel, on course for a monthly drop of nearly 7 percent, its largest since May 2012.
read more... 01/08/2014
Daily: Brent crude climbs on fresh sanction against Russia
Brent crude closed slightly higher on Tuesday on fresh sanctions against Russia which will aggravate relations between Moscow and the West, while the U.S. prices fell after a Kansas refinery fire cut demand for WTI crude. Brent crude rose 15 cents to close at $107.72 a barrel, after oscillating between $107.13 and $108.05 earlier in the session. U.S. crude eased 70 cents to settle at $100.97 a barrel after hitting an intraday low of $100.37, the lowest level since mid-July.
read more... 30/07/2014
Daily: European carbon allowances drop to the lowest level since January
Crude oil futures boosted on both sides of the Atlantic on Thursday, with WTI crude rose by more than $1 per barrel to reach a three-week high following upbeat U.S. economic data and the end of refinery maintenance season which unveiled a strong demand ahead for crude oil.
read more... 28/03/2014