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Daily (12.12.2019): Brent crude down 1% on Wednesday following an unexpected increase in crude inventories

Oil futures ended lower on Wednesday after U.S. government data indicated a surprise increase in domestic supply in crude oil, as well as important gains in gasoline and distillate inventories. Brent crude for February delivery slipped by 62 cents, or around 1% to settle at $63.72 a barrel. WTI crude for January delivery declined 48 cents, or 0.8%, to close at $58.76 a barrel.

read more... 12/12/2019


BP to supply Amazon with 170MW of renewable power

Oil giant BP has signed a deal to supply Amazon Web Services (AWS) with renewable energy to power its data centres in Europe.

read more... 06/12/2019


Total to supply LNG fuel to CMA CGM vessels for 10 years

French energy major Total and compatriot shipping company CMA CGM have signed an agreement for the supply of approximately 270,000 tonnes of LNG per year over ten years.

read more... 05/12/2019


Daily (03.12.2019): NBP gas forward prices strongly bearish on Monday due to robust supplies from LNG terminals and from Norway

Brent crude declined on Monday on concerns about global oil oversupply and limited progress toward resolving the U.S.-China trade war that has clouded the outlook for oil demand. Brent lost 2.4% to settle at $60.92 a barrel.

read more... 03/12/2019


France, Belgium may face January supply squeeze

France and Belgium are at risk of facing a winter supply squeeze in January in the event of a severe cold spell, European TSO group Entso-E said in its latest seasonal outlook on Wednesday.

read more... 28/11/2019