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Daily: European spot power drops due to higher German solar production, lower power demand
Global crude oil prices posted a slight drop on Thursday, dragged down by pessimistic economic data from China and by an OPEC’S forecast showing a recovery in oil exports from Libya.
read more... 11/04/2014
Daily: WTI crude oil increases on sharp rise in gasoline demand
WTI crude oil boosted by more than $1 on Wednesday as gasoline demand rocketed in the U.S., pushed up by technical trading, while Brent crude registered a modest gain following strained relations between Russia and the West. The U.S. Energy Information Administration data, showing a sharp build in gasoline demand, drove up U.S. gasoline and crude oil prices above key technical level.
read more... 10/04/2014
Alpiq purchases UK’s Flexitricity to have access to power management market
Swiss energy firm Alpiq declared on Tuesday it had bought British electrical service company Flexitricity, since it want to tap into electricity demand management market.
read more... 08/04/2014
Global solar market to be boosted by China and Japan in 2014
This year, China will surpass Europe due to its major solar market, expanded by a local requirement to develop green energy sources that will increase global demand, according to a research report.
read more... 02/04/2014
Daily: European carbon allowances drop to the lowest level since January
Crude oil futures boosted on both sides of the Atlantic on Thursday, with WTI crude rose by more than $1 per barrel to reach a three-week high following upbeat U.S. economic data and the end of refinery maintenance season which unveiled a strong demand ahead for crude oil.
read more... 28/03/2014