Latest news
A new solar facility is expected to be built in Italy.
First Reserve Corp agreed to develop a $276 million project after concluding the purchase of a 70 MW solar power plant near Rovigo, Italy.
read more... 03/11/2010
Daily Market Update, Tuesday, November 02, 2010
Oil was up on Tuesday, due to an expected decision by the Federal Reserve to pump more money into the U.S. economy. At 10:34 GMT, U.S. crude for December increased at $83.31 per barrel, adding 2% percent, comparing previous session. ICE Brent climbed 17 cents to $84.79 per barrel.
read more... 03/11/2010
Oil prices up as dollar eases
On Monday, oil rose to about $82 a barrel, following the U.S. Federal Reserve’s future commitment to another round of monetary stimulus that would consist in purchasing as much as $80 to $100 billion worth of assets per month.
read more... 02/11/2010
Daily Market Update, Monday, November 01, 2010
Oil was up to around $82 per barrel on Monday due to the U.S. Federal Reserve commitment to start a new round of monetary stimulus this week, because of weaker dollar. At 10:52 GMT, U.S. crude for December increased at $82.14 per barrel, while ICE Brent increased by 76 cents arriving at $83.91 per barrel.
read more... 02/11/2010
Daily Market Update, Friday, October 29, 2010
Oil was down below $82 per barrel on Friday as investors, concerns about the form and scale of an expected monetary stimulus by the U.S. Federal Reserve next week. At 06:51 GMT, U.S. crude for December decreased at $81.73 per barrel, while ICE Brent dropped by $0.34 arriving at $83.25 per barrel.
read more... 01/11/2010