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Daily: Crude oil prices decline on stronger dollar, concerns about Greek debt
Crude oil prices declined on Thursday as players took profits from the previous two days of gains, declining after the dollar’s appreciation against euro on Greek debt concerns weighted on demand for commodities. Both U.S. and Brent crude futures eased more than $1 a barrel before paring losses on short-covering. Brent fell 59 cents, or about 1 percent, to close at $65.11 a barrel, after plunging at an intraday low of $64.50. WTI crude dropped 66 cents, or 1 percent, to end at $60.77, after a session low at $60.21.
read more... 12/06/2015
Germany economy ministry declares coal levy still on the table
Germany's government is still evaluating all suggestions on how to reduce CO2 emissions from coal-fired power plants, as declared by an economy ministry spokesman on Wednesday, discharging a report that a debated coal levy had been put on ice.
read more... 11/06/2015
Italy’s Snam intends to release France-Spain gas bottleneck
Italian gas transport company Snam intends to more than double gas pipeline capacity between Spain and France to diminish Europe's reliance on Russian gas, as stated by Snam's chief executive.
read more... 11/06/2015
Daily: Crude oil rallies for a second consecutive day on U.S. inventory draw; gasoline at 7-month high
Oil hiked for a second straight day on Wednesday, with U.S. crude approaching to a one-month high and gasoline reaching its highest price since November, as a considerable U.S. stocks drawdown increased the outlook for summer fuel demand. U.S. crude inched up $1.29, or 2.1 percent, to close at $61.43 barrel, after touching a May 13 high of $61.82. Brent crude settled at $65.70, up 82 cents, or 1.3 percent. Its session peak was $66.36.
read more... 11/06/2015
China to remain the world’s largest market for annual solar installations in 2015
China will keep its leadership position in terms on annual solar installations, adding more than 17.6 GW of photovoltaic (PV) capacity by the end of 2015.
read more... 11/06/2015