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Daily: Brent crude dropped towards $102 a barrel due to a rise in stocks, US data
Brent crude price reduced towards $102 a barrel on Thursday, since U.S. industry data showed an increase in fuel stocks in the world's major oil consumer last week, raising new worries on the strength of demand.
read more... 04/09/2014
Daily: Nordic spot power prices have increased on lower wind electricity production
Brent crude remained stable below $103 a barrel on Tuesday, with a new conflict in OPEC oil producer Libya balanced by worries of slowing oil demand increase because of weak economic improvements in China and Europe.
read more... 02/09/2014
Daily: UK gas prices tumble amid a modest oversupply, Russia-Ukraine negotiations
Crude oil futures were flat aftermath a choppy trading on Wednesday, following a report indicating falling U.S. gasoline demand in the largest oil consumer in the world and an increase at the key Cushing, Oklahoma storage hub. Brent crude for October delivery boosted 22 cents to settle at $102.72 a barrel, after having fluctuated by $1 between $102.05 and $103.07. WTI crude increased 2 cents to close at $93.88 a barrel after settling 51 cents higher on Tuesday on upbeat U.S. economic data.
read more... 28/08/2014
Daily: European prompt power prices jump on weak renewable energy production
Brent crude oil increased on Monday, while WTI crude dropped amid light trading, as geopolitical tensions in Ukraine and in Libya help offset plentiful supplies and expected weak demand after a set of pessimistic economic data from the United States and Europe. Brent crude augmented 36 cents to close at $102.65 a barrel, after hitting a 14-month low of $101.07 on August 19. U.S. crude slipped 30 cents to settle at $93.35 a barrel.
read more... 26/08/2014
Daily: Brent crude holds near 13-month low on shaky European economy
Brent crude rose on Friday, but valued near a 13-month low below $103 a barrel as a precarious European economy increased worries about demand in an oversupplied market. Brent crude increased by 48 cents to trade $102.55 a barrel by 02:21 GMT, but the September contract, which expired on Thursday, had dropped $2 to close at $102.01, the weakest level since June 2013. U.S. crude rebounded 12 cents to trade at $95.70 a barrel.
read more... 18/08/2014