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Daily: European coal futures plunge to five-year lows on cheaper oil, gas and pessimistic economic data in China

WTI crude oil increased on Monday spurred by U.S. economic figures, while Brent rebounded after getting closer to a two-year low last week. U.S. crude for November delivery boosted $1.03 to close at $94.57, while Brent increased 20 cents to settle at $97.20 a barrel.

read more... 30/09/2014

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Daily: Brent crude closes flat, WTI crude increases on bullish economic data

Brent crude futures ended unchanged on Friday as growing supply and worries about weak demand for oil in Europe and China reduced concerns about the Middle East conflicts, while U.S. crude rallied on bullish economic data from the United States. Brent crude for November delivery settled flat at $97 a barrel, having fluctuated from $96.46 to $97.50, while U.S. November crude rose by $1.01 to settle at $93.54 a barrel.

read more... 29/09/2014

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Daily: European coal futures dip to 5-year lows on oversupplied system

Brent crude oil prices remained unchanged, while U.S. crude dropped slightly in choppy trading on Thursday as healthy supply and a strong U.S. dollar helped to offset worries about tensions in the Middle East would cut disrupt output. Brent increased by 5 cents to close at $97.00 a barrel after oscillating by more than $1 between $96.22 and $97.56 throughout the session. West Texas Intermediate (WTI) fell 27 cents to settle at $92.53.

read more... 26/09/2014

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Daily: European carbon allowances recover from an 11-week low, up 2.7%

Crude oil prices closed higher on Wednesday, recovering from previous losses after a report showed a surprising drawdown in crude oil stockpiles in the United States, the biggest consumer in the world. Brent crude for November delivery boosted by 10 cents to settle at $96.95 a barrel, increasing over $1 from $95.60, the lowest level since July 2012. WTI crude gained $1.24 arriving at $92.80 a barrel.

read more... 25/09/2014

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Daily: Brent crude dips as supply glut offsets Mideast turmoil

Brent crude oil dropped on Tuesday as plentiful global supplies offset tensions in the Middle East, while U.S. crude oil rebounded after four sessions of losses. Brent crude for November delivery slipped 12 cents to close at $96.85 a barrel after increasing as high as $97.59 a barrel in early trading. WTI crude jumped 69 cents to settle at $91.56 a barrel, recovering from a session low of $90.58, which was its weakest level since September 11. Its premium to Brent narrowed to around $5.25 a barrel.

read more... 24/09/2014

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