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Daily: European carbon prices up 10 % on the week after backloading plan disclosure
U.S. crude oil hit its eight consecutive week of gains on Friday on weaker oil rail shipments from the growing Bakken shale basin in North Dakota. Brent oil posted moderate gains but settled the week lower, dragged down by an outlook for dipping demand in China and another for slow European growth due to escalating unrests in Ukraine.
read more... 03/03/2014
Daily: Crude oil plummets on Chinese economy downturn, increase in U.S. crude inventories
Crude oil prices ended lower on Tuesday, dragged down by signs of a downturn in Chinese economy and an increase in U.S. crude inventories for the second consecutive week. However, Brent crude losses were capped by endless production outage in Libya and South Soudan, whereas U.S. light crude was pulled down by plummeting gasoline future prices amid weaker demand for the fuel.
read more... 26/02/2014
Daily: WTI price above 102$, set to hit the 6th weekly increase
U.S. crude steadied above $102 a barrel on Friday, likely to hit its sixth weekly increase, backed by robust heating demand in North America and since a new pipeline drew off supplies from Cushing, Oklahoma, the WTI contract's delivery point.
read more... 21/02/2014
Biomass sources could supply about 50% of UK’s energy demand by 2050
The United Kingdom has all the necessary means to reach about 50% of its energy needs from biomass sources, according to a new report released by a team of scientists with the University of Manchester's Tyndall Center for Climate Change Research.
read more... 21/02/2014
Daily: WTI crude rallies at four-month high on robust winter demand
Brent crude traded above $110 a barrel on Wednesday, destabilized by internal conflict in South Sudan and oil supply disruption in Libya, while protests in Venezuela raised concerns. Meanwhile, U.S. light crude hit its highest level in four months as stockpiles are expected to decline on winter demand and new pipeline capacity.
read more... 20/02/2014