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Daily: U.S. crude oil prices plunge at weakest level since April 2009
Front-month Brent crude lingered around $53 a barrel, down about $3, after falling to $52.66, its lowest level since May 2009. U.S crude eased $2.65, or 5 percent, at $50.04 a barrel, its weakest settlement price since April 2009. Crude oil prices declined as fears of an oversupply that agitated the market for the past six months deepened.
read more... 06/01/2015
Daily: Brent drops towards $57 since supply glut worries prevail
Brent crude futures dropped towards $57 a barrel on Friday since an excess of oil erased earlier support drawn from a larger-than-anticipated decline in U.S. crude stocks.
read more... 02/01/2015
Daily: European spot power prices jump reflecting stronger heating demand amid cold spell
Crude oil prices dropped on Monday, dropping more than $1 a barrel, dragged down by market’s fears about supply glut and dipping to their lowest level since May 2009. Global benchmark Brent crude decreased $1.57 to close at $57.88. U.S. crude tumbled $1.12 to end at $53.61 a barrel, following Brent downward.
read more... 30/12/2014
Russia will supply coal and power to Ukraine
Russia has agreed on a new agreement to provide coal and power to Ukraine, which is fighting with a lack of raw fuel for electricity plants because of a separatist clash in the industrial east, as stated by Russian officials on Saturday.
read more... 29/12/2014
Daily: Crude oil prices fell amid stronger dollar, supply glut in U.S.
Crude oil prices eased on Friday as the dollar redressed and as an oversupply in the United States overtook worries about declining production from Libya.
read more... 29/12/2014