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Daily energy Overview, Tuesday, August 09, 2011
U.S. and Brent crude oil futures pared huge losses on Monday, having hit the lowest level since February after a U.S. credit downgrade sparked financial and commodity markets. U.S crude for September delivery traded at 81.31 dollars a barrel, down 5.57 dollars, registering the lowest level since November 23, 2010, when it closed the session at 81.25 dollars a barrel.
read more... 09/08/2011
Daily energy Overview, Monday, August 08, 2011
U.S. and ICE Brent crude oil futures increased on Friday after three days of consecutive looses backed by a higher than expected increase in U.S. jobs data for July and a pipeline fire in Iran.
read more... 08/08/2011
Bayer to migrate outside Germany over high electricity prices
The German major pharmaceutical company, Bayer warned that it may be forced to leave the country and to migrate its production to other countries, due to the Germany’s decision to phase out nuclear energy by 2022, a move that would push the electricity prices up.
read more... 08/08/2011
Daily energy Overview, Friday, August 05, 2011
U.S. and Brent crude oil futures sharply decreased by more than 5 percent on Thursday, registering its highest one-day percentage loss since June 23 as investors sparked risks on rising worries over slowing economic growth.
read more... 05/08/2011
Good Energy makes power prices more accessible
While the main energy companies in the UK, known as 'big six' will raise its prices for electricity across the board, one of the smaller energy suppliers, called Good Energy, has pledged to hold electricity prices unchanged until at least 2012.
read more... 05/08/2011