Search Results for: Energy
Gas prices rise in freezing Europe
December 13th, 2017
Energy markets were shocked Tuesday by the closure of a pipeline in the North Sea and a major explosion at a facility in Austria that helps move natural gas from Russia. The price of both crude oil and natural ...
Bitcoin: Does it really use more electricity than Ireland?
December 12th, 2017
Can something which has no physical presence consume as much electricity as an entire country? The internet has recently been awash with claims that the digital currency Bitcoin could be using more electricity than a number of developed nations. ...
Early Oil Prices Review; Oil Prices Fell
December 11th, 2017
Oil prices fell on Monday as last week’s rise in the U.S. rig count pointed to a further increase in American production that could undermine OPEC-led efforts to tighten markets. A statement by Kuwait’s oil minister that OPEC and ...
Oil prices edge up on expected drop in U.S. crude stocks
December 5th, 2017
Oil prices nudged higher on Tuesday, buoyed by expectations of a drop in U.S. crude stockpiles and after last week’s deal between OPEC and other crude producers to extend output curbs. International benchmark Brent crude futures were trading up 6 ...
Oil prices latest update
November 30th, 2017
Oil prices edged up on Thursday, ahead of an OPEC meeting in Vienna at which producers are expected to extend a supply-cut deal that came into effect in January with the goal of tightening supplies and propping up prices. ...
U.S. Oil Prices Dipped On Increased Drilling
November 27th, 2017
U.S. oil prices dipped on Monday, easing from two-year highs on the prospect of increased U.S. output, although global markets were slightly better supported by expectations an OPEC-led supply cut would be extended. U.S. West Texas Intermediate (WTI) crude ...
Closer Than Canada, Bigger Than Norway: The Optimism of UK Brexit Minister
November 24th, 2017
Brexit minister David Davis told a conference of business leaders that the UK is prepared for “no deal” with the European Union. David Davis, the UK’s Secretary of State for Exiting the European Union, on Tuesday, November 21, said ...
Asian Shares Joined A Global Rally; Currencies Review
November 22nd, 2017
Asian shares joined a global rally and scaled a fresh decade peak on Wednesday as strong world growth and rising corporate profits lured hordes of investors into equities, while oil prices jumped on expectations of a production cut. MSCI’s ...
Oil Prices Leap On Back Of Major Pipeline Leak
November 20th, 2017
The combination of a major US pipeline leak of 795,000 litres and additional OPEC production cuts saw oil prices jump more than two per cent after a series of falls. Brent crude contract prices for January closed at $US62.72, ...
Oil prices dropped; OPEC meets on Nov. 30
November 16th, 2017
Oil prices dropped on Wednesday after the U.S. government reported an unexpected increase in crude and gasoline stockpiles, but an increase in refining runs and a drawdown in distillates helped prices bounce off session lows. Prices also remained under ...
