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Npower the fifth energy supplier to hike energy prices

Npower, owned by RWE, is the fifth energy supplier to hike its tariffs, affecting some 3.3 million customers, following Scottish and Sothern Energy, Scottish Power, British Gas and E.ON.

read more... 17/08/2011

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Daily energy Overview, Tuesday, August 16, 2011

U.S. and Brent crude oil futures increased on Monday as prices on Wall Street increased on optimism that debt crisis across Europe could be resolved.

read more... 16/08/2011

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Daily energy Overview, Monday, August 15, 2011

Crude oil futures were mixed on Friday on sparked worries over deeper economic problems that could influence demand for oil and a sink in consumer confidence. NYMEX crude for September delivery traded at 86.88 dollars a barrel, down 1.50 dollars, while ICE Brent crude oil futures for September delivery settled at 108.03 dollars a barrel up 1.00 cent after a trading range from 106.86 to 109.16 dollars.

read more... 15/08/2011

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Daily energy Overview, Friday, August 12, 2011

Crude oil futures increased on Thursday as an equities rally and a fall in jobless data supported offset worries over the French banks and fears that Europe’s debt crisis could spread. NYMEX crude for September delivery settled at 85.72 dollars a barrel, gaining 2.83 dollars after a trading range between 81.03 and 85.97 dollars, while ICE Brent crude for September delivery traded at 108.02 dollars a barrel, up 1.34 dollars, after a trading range from 104.34 to 108.20 dollars.

read more... 12/08/2011

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Daily energy Overview, Thursday, August 11, 2011

U.S. and Brent crude oil futures increased on Wednesday after the released report by the U.S. government about a decrease in oil inventories previous week and a late lift from pared losses on Wall Street.

read more... 11/08/2011

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