Global oil prices pared a two-day loss and increased by about 2 percent on Wednesday on expectations that prices will rebound as energy companies slashed production investment to ease an oversupply that erased more than half crude’s value since June. Brent crude boosted $1.04 to settle at $49.03 a barrel, while WTI crude climbed $1.31 to close at $47.78 a barrel.
read more... 22/01/2015
European Union antitrust regulators have fixed a February 23 deadline for a decision on whether to clear General Electric's programmed acquisition of most of French engineering conglomerate Alstom's electricity equipment business.
read more... 21/01/2015
Crude oil declined as much as 5 percent on Tuesday after the International Monetary Fund curbed its 2015 global economic forecast and key oil producer Iran insinuated prices could fall to $25 a barrel without supportive OPEC action.
read more... 21/01/2015
Coal prices in Europe have fought more than other worldwide energy benchmarks this year, catching numerous traders by surprise, since increasing exports from Russia impacted on the market.
read more... 21/01/2015
France was the latest European country to unveil a milestone in its wind industry during 2014, as it hit over 1GW of new wind capacity, according to data from France's wind energy trade body, France Énergie Éolienne (FEE).
read more... 20/01/2015