Latest news
Daily (16.10.2017): Brent crude surged 1.6% on Friday due to Middle East tensions and higher Chinese oil imports
Bullish news from robust Chinese oil imports and tensions in the Middle East supported oil prices on Friday, putting Brent on course for a weekly gain of around 3 percent. Brent crude futures ended $0.92, or 1.6 percent, up at $57.17 a barrel. Meanwhile, U.S. crude was up 85 cents, or 1.7 percent, at $51.45 per barrel.
read more... 16/10/2017
Rosneft is likely to increase crude oil exports to China
Russia’s major oil producer Rosneft considers strengthening its oil ties with China by significantly increasing oil deliveries through Kazakhstan.
read more... 09/10/2017
Daily (05.10.2017): Oil prices declined due to an unexpected rise in U.S. crude exports
Oil prices dropped on Wednesday after an unpredicted rise in U.S. crude exports to a record 2 million barrels per day fanned fears about global oversupply.
read more... 05/10/2017
Daily (03.10.2017): French day-ahead electricity price rose on strong demand, tight nuclear supply
Oil prices decreased on Monday, sapping more strength from a third-quarter rally, amid signs that a global glut in crude may not be clearing as fast as bulls had anticipated. Brent crude traded $1.42, or 2.5%, lower at $56.12 a barrel. U.S. crude closed $1.09, or 2.1 percent, down at $50.58 a barrel.
read more... 03/10/2017
Daily (29.09.2017): French year-ahead power contract surged on tight nuclear supply
Oil prices fell on Thursday, backing off from recent gains that were stimulated by tension around northern Iraq after the Kurdistan region's vote in favour of independence. Brent crude price settled down 49 cents, or 0.9%, at $57.41 a barrel. Meanwhile, WTI crude traded 1.1% lower at $51.56 a barrel.
read more... 29/09/2017