Latest news
Daily: European spot power prices diverge on weaker French nuclear, stronger German wind output
Crude oil futures boosted on Tuesday on evidence of declining oil production in North Dakota, depreciation of dollar and turmoil in the Middle East, especially in Yemen. Brent crude firmed by 50 cents to settle at $58.43 a barrel, ahead of Wednesday's May contract expiration, closing just above its $58.40 100-day moving average. WTI crude for May delivery climbed $1.38 to close at $53.29, soaring above its 100-day moving average of $52.96.
read more... 15/04/2015
Russia’s Gazprom will make an extra investment of $4 billion in Asia push
Russia's major producer of natural gas, Gazprom, intends to raise its 2015 investments by minimum $4 billion to accelerate plans to forge closer connections with Asia, as declared by Chief Executive Alexei Miller on Tuesday.
read more... 15/04/2015
Spain’s Criteria envisages sale of 4% in Gas Natural
Spain's Criteria, the parent company of lender Caixabank, is envisaging the sale of 4 percent of energy firm Gas Natural, as stated by a source familiar with the matter on Tuesday.
read more... 15/04/2015
Daily: Crude oil settled up on worries about Iran, geopolitical risks in Yemen
Crude oil futures boosted on Monday, but settled well below intraday highs, spurred by worries about Iran and geopolitical risks in Yemen, while global oversupply continued to slash gains. Brent crude for May jumped 6 cents to close at $57.93 a barrel, having oscillated between $57.46 and $59.54. U.S. crude boosted 27 cents to settle at $51.91, away of its $53.10 peak just below its 100-day moving average at $53.18. It was last above that key technical level in July 2014.
read more... 14/04/2015
German electricity usage rose by 2.2% in first quarter, gas increased by 7.4%
German gas consumption between January and March increased by 7.4 percent because of colder winter weather in February and March comparing to last year, as stated by an energy industry group BDEW on Monday.
read more... 14/04/2015