Latest news
Centrica warns of sharply increase in U.K energy bills
The owner of British Gas, Centrica warned that U.K. customers could be facing future hikes in gas and electricity prices by a quarter compared to the last year, following the increased taxes combined with higher costs of wholesale gas.
read more... 10/05/2011
Daily energy Overview, Friday, May, 06, 2011
Crude oil futures plunged on Thursday settling at lowest level since mid-March on worries over economic growth and tighter monetary policies.
read more... 06/05/2011
Daily energy Overview, Thursday, May, 05, 2011
U.S. crude oil futures traded down for a third consecutive day on Wednesday on higher than expected increase in crude stockpiles and worries over U.S. economic growth.
read more... 05/05/2011
Daily energy Overview, Wednesday, May 04, 2011
U.S. crude oil futures continued to drop on Tuesday following a stronger dollar from a three-year low against a basket of currencies. U.S. crude for delivery in June traded at 111.05 dollars a barrel, down 2.47 dollars after a trading range from 110.30 to 113.22 dollars, while ICE Brent crude for delivery in June traded at 122.45 dollars, down 2.67 dollars after a trading range from 121.75 to 125.02 dollars.
read more... 04/05/2011
Daily energy Overview, Tuesday, May, 03, 2011
Crude oil futures traded lower on Monday in the wake of al Qaeda leader Osama bin Laden death. U.S. crude for delivery in June settled at 113.52 dollars, down 41 cents, after a trading range between 110.82 and 114.83 dollars, while the ICE Brent crude for delivery in June traded at 125.12 dollars a barrel, down 77 cents after a trading range from 121.67 to 126.54 dollars.
read more... 03/05/2011