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Daily: European coal prices fall to a fresh low on warm weather in Europe
Brent crude increased on Thursday, spurred by weak output in Libya and crisis in Ukraine, while WTI crude prices boosted on a considerable drawdown in gasoline that offset an increase in overall crude stocks.
read more... 30/05/2014
Daily: U.S. oil prices rocket on dollar depreciation, contract expiration
U.S. crude oil prices soared to about one-month highs on Monday a day before the June contract’s expiration on the back of dollar depreciation, while Brent prices slipped alongside the drop in global equities which offset the impact of low Libyan output.
read more... 20/05/2014
Daily: Brent, U.S. crude prices rally to two-week highs on potential stockpiles draw
Brent crude rallied on Tuesday on strong U.S. crude and gasoline markets which offset the expectations of a potential rebound in Libyan oil output by 500,000 barrels per day. U.S. crude oil rose jumped over $1 a barrel to hit two-week highs on Tuesday as stocks of U.S. crude oil at Cushing dropped to their lowest levels since 2008 in the week to May 2.
read more... 14/05/2014
Daily: European power prices pulled down by technical selling in the carbon market
Brent crude oil futures declined by more than $2 per barrel on Monday, close to reach six-weeks lows, as strong global supplies offset worries over perpetual tensions between Russia and the West powers concerning Crimea’s fate. The European benchmark closed $1.97 lower at $106.24 per barrel, after hitting an intra-session low of $106.16, the weakest level since February 6. Meanwhile, U.S. crude futures eased by as much as $1.52 to touch a session low of $97.37 per barrel before ending 81 cents down at $98.08 per barrel.
read more... 18/03/2014
Daily: Brent crude drops on weak economic data from China
Brent crude oil futures declined on Thursday since weak economic figures in China compensated fears over eventual supply interruptions that could be triggered by the conflict between Russia and Western powers over Ukraine. Meantime, U.S. crude futures posted a moderate gain, as bullish retail sales and labor market data increased the optimism about the economy and offset worries over China.
read more... 14/03/2014