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Daily: Brent, U.S. crude oil trade higher on geopolitical worries in Ukraine, unrests in Libya
Brent and U.S. crude futures traded higher on Friday, buoyed by geopolitical worries in Ukraine and civilian unrests in Libya, as well as by upbeat economic figures in the United States and China. Both Brent and U.S. crude registered weekly gains for a second consecutive week.
read more... 26/05/2014
Daily: European power prices jump on colder weather, lower solar power output
Brent and U.S crude oil prices slumped on Thursday after Brent hit a 1/2 month high and traders took gain amid continuing violence in Libya and upbeat economic data in China and the United States.
read more... 23/05/2014
Czechs opposes unique EU entity for gas, oil acquisitions
Polish suggestion to form a unique entity to purchase gas for the European Union has been rejected by the Czech Republic, but it might nevertheless sustain private groups willingly joining up for acquirements, as mentioned in a paper approved by the government on Wednesday.
read more... 22/05/2014
Daily: U.S. crude oil touches one-month high on stockpiles decline
U.S. crude oil hit a one-month high on Wednesday, posting a gain of about $2 a barrel due to a significant draw in commercial crude stockpiles, while the prolonged unrest in Libya reduced the oil supply, increasing Brent prices.
read more... 22/05/2014
Daily: German, French power prices mixed on squeezed thermal capacity
Brent crude posted a modest gain on Tuesday buoyed by unrest in Libya, pulling upward U.S. oil for July delivery even if domestic inventories were expected to climb.
read more... 21/05/2014