Crude oil declined on Monday, reversing a previous hike following the release of a survey which estimated higher OPEC production in November, while a stronger dollar dragged down the demand for commodities denominated in the currency. Brent crude futures eased 25 cents, or 0.6 percent, to settle at $44.61 a barrel. WTI futures fell 6 cents to close at $41.65, down from a session high at $42.61.
read more... 01/12/2015
Bulgarian Prime Minister Boiko Borisov declared on Monday his government backed Russia's plans to expand its gas connection to Germany.
read more... 01/12/2015
Iberdrola has launched the 66MW Pier II wind farm in the state of Puebla in Mexico.
read more... 01/12/2015
British government will re-evaluate an application made by shale gas explorer Cuadrilla Resources to use hydraulic fracturing to drill in north-west England against a local county council’s decision to reject the application.
read more... 30/11/2015
Crude oil prices closed lower in light-volume in New York on Friday as the dollar rocketed to an eight-month high and a decline in Chinese equities added pressure to an oversupplied market. WTI settled down $1.33 at $41.71 a barrel, trading just over 280,000 lots after Thursday's Thanksgiving holiday. Benchmark Brent oil ended the session down 60 cents, or more than 1%, to settle at $44.86.
read more... 30/11/2015