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Daily: Crude oil prices fell amid stronger dollar, supply glut in U.S.
Crude oil prices eased on Friday as the dollar redressed and as an oversupply in the United States overtook worries about declining production from Libya.
read more... 29/12/2014
Daily: European spot power prices fade ahead of five-day Christmas holiday
Crude oil prices increased by more than $2 a barrel on Tuesday, soaring for a second time in three days, after figures indicated the fastest pace of U.S. economic growth in 11 years, rising expectations for crude demand. Brent boosted $1.58 to settle at $61.69 a barrel, prolonging its rise in post settlement to $62.14. U.S. crude rose by $1.86 to close at $57.12, and rallied thereafter to as high as $57.56.
read more... 24/12/2014
Daily: Crude oil prices decline as OPEC leader vows not to curb oil production
Crude oil prices resumed their downward trend on Monday on Saudi Arabia’s minister declarations that OPEC would not curb production at any price. Brent crude decreased by $1.27, or 2 percent, to settle at $60.11 a barrel after a session low of $59.84. U.S. crude's front-month contract declined $1.87, or 3.3 percent, to close at $55.26 a barrel.
read more... 23/12/2014
Daily: British natural gas prices fell on warmer temperatures, oversupplied system
Crude oil boosted by as much as 5 percent on Friday, posting its largest increase in over two years as traders took profits on short positions after prices reached the weakest level since 2009. Brent crude for front-month delivery jumped $2.11, or 3.4 percent, to settle at $61.38 a barrel, after closing twice this week below the psychologically key level of $60, and continued to boost as high as $62.66 in post-settlement trade. WTI's front-month crude boosted $2.41 to close at $56.52 a barrel, ending the day on an unusually positive note at just 39 cents off the intra-day peak.
read more... 22/12/2014
Daily: Crude oil prices post a new decrease after a brief recovery
Global crude oil prices posted a fresh decrease on Thursday, a day after a short-covering gain, as traders bet again that the market would resume a six-month rout on concerns about a supply glut. Brent and U.S. crude slumped 2$ a barrel each in late trading after initially extending Wednesday's short-covering. Brent's front-month contract eased $1.91 to settle at $59.27 a barrel, after reaching a session low at $59.17. U.S. crude's front-month contract slipped $2.36 to close at $54.11, having fallen to $54.05 earlier.
read more... 19/12/2014