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Daily: European coal prices tumble on milder weather, weaker demand
Crude oil prices climbed more than $2 to touch one-month highs on Friday, buoyed by a considerable increase in gasoline and heating oil as supplies eased and refiners closed plants for maintenance. Meanwhile, Brent crude oil futures closed $2.38 higher at $109.57, the highest level since January 2. U.S. crude settled up $2.04 to $99.88 a barrel, hitting its highest point since December 27. Brent- WTI spread extended 34 cents to $9.69 a barrel.
read more... 10/02/2014
Daily: Brent crude gains ground on spread trade
Brent crude oil futures increased on Wednesday as traders took advantage from an over-extended spread trade with U.S. crude oil, while the American light crude was buoyed by a record demand for heating oil amid continued cold snap.
read more... 06/02/2014
Daily: European power prices firm alongside carbon prices
Brent crude oil registered at a three-month low on Tuesday, dragged down by the downturn in emerging markets, while U.S. crude settled higher, spurred by continued demand for heating fuels and the expectation of oil inventory figures to indicate a large draw from storage at the benchmark's delivery point, at Cushing, Oklahoma.
read more... 05/02/2014
China increased its imports of natural gas in 2013
China’s natural gas imports have been boosted in latest years as a result of growing demand, since the country is trying to decrease its fossil fuel consumption and improve air quality. China saw its total volumes of imported natural gas increasing by 25 % year on year in 2013.
read more... 04/02/2014
Daily: Brent close to first monthly drop on China’s shaky consumption
Brent crude futures traded near $108 a barrel on Friday following upbeat U.S. economic data that renewed hopes of higher global demand. However, prices are on track to register the first monthly decline in four on concerns over shaky China’s consumption.
read more... 03/02/2014