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Russian oil output hits post-Soviet record
Russia's oil output, the world's largest, edged up 0.4% in November to reach a new post-Soviet high of 10.50 million barrels per day (bpd), compared with 10.46 million bpd in October, the previous record, Energy Ministry data showed.
read more... 03/12/2012
Daily: European power hits fresh 32-month lows
Brent and U.S. crude oil futures rose on Thursday, backed by optimism that U.S. lawmakers will reach a deal to avert a budget crisis and by intensifying tensions in the Middle East. Meanwhile, Brent crude oil futures climbed $1.25 to settle at $110.76 a barrel, while U.S. crude oil prices climbed $1.58 to settle at $88.07 a barrel on Thursday.
read more... 30/11/2012
Daily: European coal prices slip as German power hits 2.5-year low
Brent and U.S. crude oil futures declined for a third consecutive day in choppy trading on Wednesday, dragged down by uncertainty about U.S. budget negotiations aimed prevent tax increases and spending cuts. Meanwhile, Brent January crude eased by 36 cents, or 0.33 percent, to settle at $109.51 a barrel, having traded from $108.44 to $110.17 and U.S. January crude dropped 69 cents, or 0.79 percent, to settle at $86.49 a barrel, having traded from $85.36 to $87.34.
read more... 29/11/2012
Daily: Brent and U.S. crude end lower on concerns about Greek debt, U.S. budget
Brent and U.S. crude oil futures declined on Monday on worries about efforts to deal with Greek debt and U.S. budget which countered any supportive impact from fears about potential Middle East oil supply disruptions.
read more... 27/11/2012
Daily: European spot power declines on strong French nuclear supply and milder weather
Front crude Brent and U.S. crude oil increased on Friday, backed by new protests in Egypt and optimism about talks on releasing aid to Greece. Front crude Brent climbed 83 cents to settle at $111.38 a barrel on Friday, posting a weekly gain of $2.43. Meanwhile, U.S. crude oil futures rose 90 cents to settle at $88.28 a barrel on Friday, posting a weekly gain of $1.61.
read more... 26/11/2012