Latest news
Daily: UK spot gas prices increase on Troll field trouble
Brent and U.S. crude oil futures climbed on Monday in choppy trading, which were supported by optimistic durable goods data and by strong gasoline futures, which added 2 cents on Hess Corp's plans to halt a refinery in the Northeast.
read more... 29/01/2013
Daily: Brent and U.S. crude rose on optimistic U.S., Chinese economic data
Front-month Brent crude oil futures settled higher on Thursday at $113.28 a barrel, up 48 cents, backed by optimistic economic data from the United States, China and euro zone.
read more... 25/01/2013
Italy could face an additional cost of about €1 bn for energy
After the last week conflict in Algeria, when Islamic militants attacked a complex controlled by BP PLC, Norway's Statoil ASA and Algeria's state energy company Sonatrach, Italy could face an additional cost of almost 1 billion euro (£839m) per year for energy, because of the interruption of Algerian gas supplies.
read more... 25/01/2013
Daily: German spot electricity climbs on colder weather, lower wind
Brent crude oil futures settled higher on Wednesday on encouraging UK jobs data and after U.S. crude oil prices decreased considerably on news of an unplanned constraint on pipeline, which was expected to lessen an oil surplus in the U.S. Midwest and reduce the spread between Brent and U.S. oil prices. Meanwhile, Brent March crude climbed 38 cents, or 0.34 percent, to settle at $112.80 a barrel, having traded from $112.06 to $113.15.
read more... 24/01/2013
Daily: Brent and U.S. crude settled up on Bank on Japan plans
Brent and U.S. crude oil futures for February delivery rose 71 cents to settle at $112.42 a barrel and 68 cents to settle at $96.24 a barrel, respectively on Tuesday, being supported by Bank of Japan's plans to launch an economic stimulus effort and further supported by gains in the U.S. stock market.
read more... 23/01/2013