Latest news
Daily: WTI crude oil increases on sharp rise in gasoline demand
WTI crude oil boosted by more than $1 on Wednesday as gasoline demand rocketed in the U.S., pushed up by technical trading, while Brent crude registered a modest gain following strained relations between Russia and the West. The U.S. Energy Information Administration data, showing a sharp build in gasoline demand, drove up U.S. gasoline and crude oil prices above key technical level.
read more... 10/04/2014
Daily: Crude oil rallied on stockpiles expectations, fresh tensions in Ukraine
Crude oil prices rallied on Tuesday, with WTI increasing ahead of weekly stockpiles reports expected to point out a decline in gasoline stocks, while Brent was spurred by new conflicts in eastern Ukraine which intensified tensions between Russia and West.
read more... 09/04/2014
Daily: European power prices deviate, German up, French down
Brent and U.S. crude oil futures dropped on Monday, being hit by an agreement by Libyan rebels which seized four eastern oil ports to halt an eight-month blockade.
read more... 08/04/2014
BG Group transferred worldwide LNG, oil trading headquarters to Singapore
BG Group has transferred its headquarters for worldwide oil and liquefied natural gas (LNG) trading from the United Kingdom to Singapore in order to be nearer to clients in the emergent Asian region, as stated by the company on Monday.
read more... 07/04/2014
Daily: Global crude oil benchmarks increase on U.S. jobs growth, Libya doubts
WTI crude price boosted on Friday following the publication of a report showing strong jobs growth in March in the United States and the European crude benchmark followed the way as investors doubted that the eight-month blockage of Libya's oil export ports would come to end after rebels and the government declared they were close to reach a consensus.
read more... 07/04/2014