Latest news
Daily: German and French spot electricity prices boost on lower wind
Front-month Brent and U.S. crude oil futures fell by $1.08 and 59 cents a barrel respectvely on Tuesday on worries about the impact of the U.S. budget crisis on already struggling demand. Meanwhile, Brent contract for January delivery traded as high as $110.92 a barrel during intraday activity, and declined to a low of $109.15 a barrel. WTI crude futures traded as high as $89.18 a barrel and as low as $87.57 during intraday activity.
read more... 05/12/2012
Brent or WTI– which global benchmark?
It has been coming for years, but Brent looks set finally to overtake U.S. light crude as the preeminent oil benchmark next year as one of the top financial market indexes switches weightings.
read more... 22/11/2012
Daily – Crude ends higher as Iran talks extended
WTi and ICE Brent crude oil futures increased on Thursday as Iran and major powers, unable to sign an agreement on Tehran’s disputed nuclear program, ended negotiations until next month.
read more... 25/05/2012
Daily – Gas prices up on stronger exports to Belgium
U.S. crude oil futures shed on Wednesday on the way to a sixth straight lower index, but settled well above its intraday low. WTi crude for June delivery traded at 96.81 dollars a barrel, down 20 cents.
read more... 10/05/2012
Daily – U.S. crude ends down, but well above intraday low
WTi and ICE Brent crude oil futures decreased on Monday, in choppy trading recovering from intraday lows and on European election results that renewed concerns over the region’s debt woes.
read more... 08/05/2012