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Daily (23.12.2016): British gas prices climb on weaker pound against the euro
Crude oil prices boosted in a quiet trading on Thursday, buoyed by upbeat U.S. economic data and optimism that crude producers would agree to curb output. U.S. West Texas Intermediate crude rose by 46 cents, or 0.9 percent, to settle at $52.95 a barrel. Brent futures for February delivery increased by 59 cents or 1.1 percent to $55. 05.
read more... 23/12/2016
Daily: Oil prices up, but below session highs on Libya’s pipeline restarts
Crude oil prices boosted on Tuesday but closed below session highs after Libya unveiled the restarts of pipelines after a two-year blockade that ended earlier this month. Benchmark Brent crude for February delivery rose by 43 cents, or 0.8 percent, to settle at $55.35 a barrel after touching an intraday high of $55.92. U.S. crude futures a gained 1.46 percent to $52.88 a barrel. Libya expects to add 270,000 barrels a day in state production in the next three months.
read more... 21/12/2016
Daily: Oil prices near flat in calm trade ahead of Christmas
Crude oil prices did not change significantly on Monday in quite traded ahead of Christmas as the market waited to observe whether U.S. shale gas production would increase enough to offset projected output cuts by OPEC, Russia and other producers in 2017. Brent futures for February delivery fell 29 cents or 0.5 percent, to settle at $54.92 a barrel, while U.S. West Texas Intermediate crude for January gained 22 cents, or 0.4 percent, to close at $52.12 per barrel.
read more... 20/12/2016
Daily: Crude oil prices rebound as Goldman Sachs hikes oil forecast for 2017
Crude oil prices edged higher on Friday, hitting nearly a 17-month high after Goldman Sachs increased its forecast for 2017 and producers showed signs of joining to a global deal to slash output. Brent futures rose by $1.19, or 2.2 percent, to settle at $55.21 a barrel, while U.S. West Texas Intermediate crude advanced $1, or 2 percent, to close at $51.90 per barrel. The premium of the Brent front-month over the same U.S. contract closed at $2.26 a barrel, its highest since the end of August.
read more... 19/12/2016
Polish regulator authorized PGNiG gas price increase for Q1 2017
Poland's largest gas company PGNiG will raise the price of high-methane gas it sells by 12.2 percent and the price of nitrogen-rich gas by 13.4 percent from the beginning of next year, the firm said, mentioning an approval from energy regulator URE.
read more... 19/12/2016