Latest news
Alstom Grid to reinforce the Saudi Arabian electricity network
Alstom Grid a unit of French heavy engineering group Alstom has won two contracts valuing at €57 million for five substation extensions and two new units in Saudi Arabia.
read more... 19/04/2011
Daily energy Overview, Monday, April, 18, 2011
U.S. and Brent crude futures extended gains on Friday supported by improving U.S. consumer confidence and supportive manufacturing data in China. ICE Brent crude for June delivery increased to 123.45 dollars a barrel, up 1.45 dollars, after a trading range between 121.59 and 124.02 dollars, while U.S. crude for May delivery traded at 109.66 dollars a barrel, up 1.55 dollars after a trading range from 107.21 to 110.10 dollars.
read more... 18/04/2011
Daily energy Overview, Friday, April, 15
U.S. crude ended a dollar higher on Thursday on a weaker dollar after U.S. data indicated an unexpected rise in jobless claims. U.S. crude for May delivery traded up 1 dollar and settled at 108.11 dollars a barrel, having traded in a range between 105.77 and 108.55 dollars.
read more... 15/04/2011
Daily energy overview, Thursday, April 14, 2011
Brent crude futures ended higher, after a drop in two sessions in a row, supported by the government data indicating a deep fall in gasoline stockpiles and the investors’ worries on lasting turmoil in Libya. ICE Brent May crude traded at 122.88 dollars a barrel, up 1.96 dollars, ahead the expiration of the May contract on Thursday.
read more... 14/04/2011
Daily energy Overview, Wednesday, April, 13, 2011
U.S. crude oil futures saw little change on Tuesday in the post-settlement trade, after the American Petroleum Institute data revealed a slightly more than expected increase of oil inventories, while gasoline stocks fell much more as forecasted.
read more... 13/04/2011