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Daily energy Overview, Thursday, June 30, 2011
U.S. and Brent crude oil futures increased on Wednesday, on data indicating a sharp weekly drop in crude stockpiles and as the dollar index stayed weak following the approval of an austerity plan by the Greek parliament. U.S. crude for August delivery settled at 94.77 dollars a barrel, up 1.88 dollars, after a trading range between 92.66 and 95.84 dollars. ICE Brent crude for August delivery increased to 112.40 dollars a barrel, after trading from 108.78 to 112.40 dollars.
read more... 30/06/2011
Daily energy Overview, Tuesday, June 28, 2011
British gas prices increased on Monday afternoon on higher oil prices, though gains were expected to be short-lived as Euro zone debt worries persisted. By 16:00 GMT, gas for next winter delivery settled at 68.90 pence, up 0.70 pence, while gas for winter delivery in 2012 increased 0.40 pence to 71.40 pence.
read more... 28/06/2011
Daily energy Overview, Wednesday, June 22, 2011
U.S. crude futures ended up on Tuesday as the euro increased against dollar on expectations that the Greek country will get a confidence vote and support the country avoid the debt crisis. U.S. crude for July delivery expired and traded at 93.40 dollars a barrel, up 14 cents, after a trading range from 92.50 to 94.74 dollars. U.S. crude for August delivery closed the session at 94.17 dollars, up 54 cents, after a trading range between 92.88 and 95.10 dollars.
read more... 22/06/2011
Daily energy Overview, Tuesday, June 21, 2011
Crude oil futures were mixed on Monday on worries about Greek debt crisis. U.S. crude contact for July delivery, which expires on Tuesday, traded at 93.26 dollars a barrel, up 25 cents, after a trading range between 91.14 and 93.49 dollars. Meanwhile, ICE Brent crude for August delivery valued 111.69 dollars a barrel, down 1.52 dollars, after a trading range from 111.23 to 113.38 dollars.
read more... 21/06/2011
Daily energy Overview, Monday, June 20, 2011
Crude oil futures traded down on Friday on lasting worries about Greece’s debt and U.S. slow economic growth. U.S. crude oil for July delivery traded at 93.01 dollars a barrel, down 1.94 dollars, having hit the lowest level since the February 18, when it registered a level of 86.20 dollars.
read more... 20/06/2011