Latest news
Daily Energy Overview, Monday, March 07, 2011
U.S. crude oil futures increased to a 2-1/2 utmost level on Friday supported by civil turmoil in Libya that deepened worries about supply disruptions.
read more... 07/03/2011
Daily Energy Overview, Friday, March 04, 2011
U.S. crude oil futures prices traded down on Thursday as Venezuelan suggestion to resolve the continued civil unrest in Libya pushed traders to book profits in spite of doubts if such a proceed would work.
read more... 04/03/2011
E.ON to sell UK power grid business for £4bn to an U.S. firm
The German energy utility company, E.ON, declared on Wednesday that it has agreed to sell its UK power distribution business, Central Networks, to the US firm, PPL Corporation for £4 billion.
read more... 04/03/2011
Daily Energy Overview, Thursday, March 03, 2011
U.S. crude oil futures settled over 102 dollars on Wednesday for the first time since September 2008 as civil conflict expanded in Libya and an airstrike nearby country’s oil infrastructure deepened worries over a lasting disruption from OPEC countries.
read more... 03/03/2011
Daily Energy Overview, Wednesday, March 02, 2011
U.S. crude oil futures ended over 99 dollars on Tuesday, having hit their utmost level since September 2008 as rising turmoil in Libya kept worrying other oil producers in the Middle East and North Africa.
read more... 02/03/2011