Brent crude prices declined for a seventh straight session and U.S crude futures declined for a fifth straight day on Wednesday in choppy trading on rising U.S. crude inventories and pessimistic euro zone data which offset encouraging signs that Chinese petroleum demand could stage a recovery.
read more... 25/10/2012
Brent and U.S. crude futures declined on Monday on concerns about slowing world economy and as the expected pipeline restart offset worries about Middle East turmoil which could hurt the oil supply.
read more... 23/10/2012
Brent crude declined to near $114 per barrel on Wednesday, after a hike of more than 2 % in the previous session, pulled down by concerns about global economic growth which brought a pessimistic view over the demand outlook and offset supply risks coming from tensions in the Middle East.
read more... 10/10/2012
Brent crude traded below $110 a barrel on Tuesday, after posting a loss of more than 1 percent in the previous session on worries about weak demand in a fragile economy which offset intensifying tensions in Iran.
read more... 25/09/2012
According to the newspaper “Le Figaro”, GDF Suez has sent a request to the Regulatory Commission de l’Energie (CRE), to be allowed to increase its tariffs by 0.9 % to cover supply costs, with a further 6 % increase to offset a 2% cap imposed by the government in July.
read more... 13/09/2012