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Daily energy Overview, Friday, June 24, 2011
U.S. crude oil futures slipped to a four-month low level on Thursday on news that the International Energy Agency will release 60 million barrels of oil from its reserves to make up for a loss of Libyan exports in global oil markets and on weaker economic data.
read more... 24/06/2011
Chris Huhne calls for a “green environment”
England’s energy and climate minister, Chris Huhne will meet today the European environmental ministers to discuss on the targets required to meet the EU 2050 low carbon goal.
read more... 21/06/2011
Italy to see a sharp rise in its energy bills
According to the head of the oil industry body statements, the Italian energy bills are likely to increase by 16.7 percent in 2011, following soaring oil prices on volatile markets.
read more... 16/06/2011
Daily energy Overview, Tuesday, May 31, 2011
U.S. crude oil futures were almost steady on Monday, near the two-week high registered last week as American financial markets were closed due to the Memorial Day holiday. By 23:01 GMT, NYMEX crude for July delivery rose 2 cents at $100.61 a barrel. The contract settled at $100.59 a barrel on Friday, up 36 cents.
read more... 31/05/2011
Daily energy Overview, Tuesday, May 24, 2011
Crude oil futures decreased on Monday as worries about the debt crises in the euro zone raised the dollar to a two-month high level against the euro, spreading risk aversion across markets. U.S. crude for July delivery traded at 97.70 dollars a barrel, down 2.40 dollars, while ICE Brent for July delivery settled at 110.10 dollars a barrel, down 2.29 dollars, after a trading range between 108.58 and 112.23 dollars.
read more... 24/05/2011