Crude oil declined as much as 5 percent on Tuesday after the International Monetary Fund curbed its 2015 global economic forecast and key oil producer Iran insinuated prices could fall to $25 a barrel without supportive OPEC action.
read more... 21/01/2015
Coal prices in Europe have fought more than other worldwide energy benchmarks this year, catching numerous traders by surprise, since increasing exports from Russia impacted on the market.
read more... 21/01/2015
Gazprom Neft, a branch of Gazpromneft Sakhalin, has been granted subsoil-use rights to two licence blocks in the Russian Arctic.
read more... 20/01/2015
Britain's biggest energy supplier British Gas announced it will cut by 5% annual gas bills for 7 million of households, blaming falling wholesale costs.
read more... 20/01/2015
Brent crude oil prices slipped below $49 a barrel and U.S. crude also declined more than $1 on Monday on pessimistic global economic outlook and as Iraqi oil production hit a record.
read more... 20/01/2015