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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
Daily: Brent prices squeeze on escalating turmoil in Ukraine
Brent oil futures dropped on Thursday, dragged down by escalating turmoil in Ukraine that slashed the global risk appetite. U.S. oil futures also registered a decline, but losses were offset by figures showing the fourth consecutive weekly decline in oil stocks at WTI benchmark delivery point at Cushing, Oklahoma.
read more... 28/02/2014
Daily: European spot power prices deviate, widening the spread between contracts
Brent crude oil prices declined on Monday, but the losses were capped after traders started to purchase contracts to offset the spread between the European benchmark and its U.S. counterpart, West Texas Intermediate. Brent slipped 36 cents to settle at $106.04 a barrel, after declining during the session to a near three-month low of $105.40.
read more... 04/02/2014
U.S solar power soars 15% in Q2 on large scale projects
The United States installed 832 MW of photovoltaic solar panels in the second quarter, posting a 15 per cent increase compared with prior period as booming business for utility-scale systems helped offset lower demand for residential and commercial projects, according to new figures released today by the Solar Energy Industries Association (SEIA).
read more... 13/09/2013
Daily: European spot power boosts on weak nuclear availability in France
Brent crude oil traded higher on Monday as supply disruptions in Europe offset previous’ week losses, while cautious investors were eager for the results of U.S. Federal Reserve meeting. Supply disruptions in Libya, Iraq and elsewhere have withdrawn over 500,000 barrels per day from the market.
read more... 30/07/2013