Latest news
Natural gas trading to become more like coal, not oil
New natural gas discoveries and rising demand are changing gas from a cluster of regional markets into a global marketplace, but instead of becoming a second oil market gas is likely to become more like coal.
read more... 26/11/2012
Daily: Brent crude declines 31 cents at $110.55 in thin trade
Brent crude oil futures for January delivery declined 31 cents or 0.3 percent to settle at $110.55 a barrel in very thin trade on Thursday, driven down by downbeat European economic data and an armistice in the Gaza strip.
read more... 23/11/2012
Daily: Europe Power-Cal '13 trades around year-lows
Brent and U.S. crude oil futures ended higher after thin and volatile trading on Wednesday, as late-day short-covering ahead of a US holiday counterbalanced earlier relief over a ceasefire that ended eight days of conflicts in the Gaza strip.
read more... 22/11/2012
Brent or WTI– which global benchmark?
It has been coming for years, but Brent looks set finally to overtake U.S. light crude as the preeminent oil benchmark next year as one of the top financial market indexes switches weightings.
read more... 22/11/2012
Daily: U.S. crude oil futures inch up 2.7% on US optimism, end of Mideast crisis
Brent crude oil futures declined 1.7 percent, or $1.87 a barrel, to settle at $109.83 on Tuesday following optimism for a ceasefire that would finish a week of violence between Palestinians and Israelis.
read more... 21/11/2012