Latest news

Daily: European spot power prices declined as a result of lower demand and higher wind production

Brent crude fell below $98 a barrel on Friday, heading for its worst week in six as worries over lower demand offset geopolitical concerns in the Middle East and Ukraine.

read more... 12/09/2014

news

Daily: European prompt power prices jump on weak renewable energy production

Brent crude oil increased on Monday, while WTI crude dropped amid light trading, as geopolitical tensions in Ukraine and in Libya help offset plentiful supplies and expected weak demand after a set of pessimistic economic data from the United States and Europe. Brent crude augmented 36 cents to close at $102.65 a barrel, after hitting a 14-month low of $101.07 on August 19. U.S. crude slipped 30 cents to settle at $93.35 a barrel.

read more... 26/08/2014

news

Daily: Brent crude plunges at 9-month low on robust supply, low demand

Crude oil prices declined on Tuesday, with Brent plunging to a nine-month low as robust supplies in Europe and North America offset fears that violence in the Middle East and North Africa could cut production. Brent crude dipped 80 cents to close at $104.61, the weakest settlement since November 2013, while U.S. crude declined 91 cents to settle at $97.38, the lowest settlement since early February.

read more... 06/08/2014

news

Daily: Crude oil prices drop on supply glut, weak demand

Brent and U.S. crude futures dropped on Friday, hitting the weakest settlement prices in months, as supply glut in the Atlantic basin and low demand offset worries over political conflicts in the Middle East, North Africa and Ukraine.

read more... 04/08/2014

news

U.S. imposed fresh trade duties on Chinese solar modules

The American Department of Commerce plans to introduce higher and more extensive tariffs on Chinese solar modules, saying that higher import duties will offset the subsidies given by China to solar panels manufacturers.

read more... 25/07/2014

news