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Daily energy Overview, Monday, August 15, 2011

Crude oil futures were mixed on Friday on sparked worries over deeper economic problems that could influence demand for oil and a sink in consumer confidence. NYMEX crude for September delivery traded at 86.88 dollars a barrel, down 1.50 dollars, while ICE Brent crude oil futures for September delivery settled at 108.03 dollars a barrel up 1.00 cent after a trading range from 106.86 to 109.16 dollars.

read more... 15/08/2011

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Explosion at Iran pipeline hits Turkish imports

Iranian gas flows to Turkey were halted following an attack on a pipeline in eastern Turkey on Thursday.

read more... 15/08/2011

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British Gas to stop its doorstep selling practice for three months

British Gas announced an end to doorstep selling after an influential committee of MPs and consumer groups blamed that the practice puts pressure on people into switching suppliers.

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Daily energy Overview, Friday, August 12, 2011

Crude oil futures increased on Thursday as an equities rally and a fall in jobless data supported offset worries over the French banks and fears that Europe’s debt crisis could spread. NYMEX crude for September delivery settled at 85.72 dollars a barrel, gaining 2.83 dollars after a trading range between 81.03 and 85.97 dollars, while ICE Brent crude for September delivery traded at 108.02 dollars a barrel, up 1.34 dollars, after a trading range from 104.34 to 108.20 dollars.

read more... 12/08/2011

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Wind power continues to increase in Q2 of 2011

U.S. wind power capacity continued to increase in the second quarter of 2011, with 2,151 MW of installed capacity in the first half of 2011 compared to 1,250 MW during the same period in 2010, with an increase of 72 percent, while a comparative stable energy framework supported the increase of wind power.

read more... 12/08/2011

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