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Daily: European spot power prices retreat due to lowering air conditioning demand
Crude oil prices declined and WTI closed below $50 a barrel on Wednesday after government figures indicated that crude oil stockpiles in the United States strengthened last week and as a stronger dollar and weaker global equities added to pressure. U.S. crude for September delivery tumbled $1.67, or 3.28 percent, to settle at $49.19 a barrel, first settlement below $50 since April. Brent crude for September delivery dropped 91 cents to close at $56.13.
read more... 23/07/2015
Daily: Crude oil futures recover after a volatile trade
Crude oil futures recovered after a volatile session due to a weaker U.S. dollar, while low earnings dragged stocks lower. Expiring U.S. crude for August delivery edged 21 cents up to settle at $50.36 a barrel, after declining to $49.77 intraday. WTI crude for September delivery closed at $50.86, up 42 cents. Brent crude for September delivery advanced 39 cents to hit $57.04, having oscillated from $56.33 to $57.44. Brent's premium to September U.S. crude held above $6 a barrel.
read more... 22/07/2015
Germany estimates big increase in offshore wind capacity
Germany adjoined more than three times the quantity of offshore wind capacity in the first half of this year than in the same period of 2014 and the country hopes to attain half of its 2020 offshore objective of 6,500 megawatts (MW) later this year.
read more... 22/07/2015
Japan’s Kansai and Engie sign agreement to purchase LNG
French utility Engie and Kansai Electric Power Co, Japan's second-largest utility, declared on Tuesday they have signed an accord to purchase and trade 400,000 tonnes yearly of liquefied natural gas (LNG) from 2019.
read more... 22/07/2015
Ukraine increases by 41% gas imports from Slovakia’s Eustream
Ukraine boosted by 41% natural gas imports from Slovakia’s Eustream on Tuesday, as it envisages increasing its underground storage, according to the transport monopoly Ukrtransgas.
read more... 21/07/2015