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18
May
Oil Set for Weekly Loss on Debt Crisis; Brent Falls to 2012 Low
Oil headed for a third weekly drop in New York after Germany’s finance minister said Europe’s crisis may last another two years and reports added to evidence of a slowdown in China. Brent fell to its lowest this year in London. read more →
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09
May
Oil’s Fall Deepens on Euro Zone Worry, Supply
Brent crude oil slipped over a dollar towards $111 on Wednesday, extending its longest losing streak in nearly two years, as political turmoil in the debt-laden euro zone deepened worries about prospects for fuel demand. read more →
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27
Apr
UK gas rises on lower imports, weekend maintenance
British prompt gas prices rose on Friday as imports from Norway and the Netherlands dropped and planned maintenance was due to cut offshore supplies at the weekend. read more →
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27
Apr
Oil Falls From Four-Week High as Spain Cut Renews Demand Concern
Oil fell from the highest level in almost four weeks in New York, trimming a second weekly gain, after a cut in Spain’s credit rating renewed concern that Europe’s economy may falter and curb fuel demand. read more →
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27
Apr
Oil Near One-Week High as Fed Sees U.S. Economy Growing
Oil traded near the highest level in a week after Federal Reserve policy makers said they expect growth to accelerate, boosting speculation fuel demand will rise. Iran said it may halt its nuclear expansion. read more →
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23
Apr
UK May gas up on cold weather, curve tracks firm oil
British prompt gas prices traded higher on Friday, supported by the month-ahead contract which rose on the back of colder weather forecasts, while rebounding oil prices lifted the benchmark front-season price off a two-month low. read more →
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17
Apr
Brent Falls to $120 on China Data, Euro Zone Worries
Brent crude futures slipped towards $120 on Monday after weak growth numbers from China, the world’s No. 2 oil consumer, and a surge in Spanish borrowing costs triggered worries about global economic growth and demand. read more →
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05
Apr
ANALYSIS: UK gas could cope with prolonged Elgin outage
A comparison of flow and demand data suggests that the UK gas market could cope with a prolonged outage of Total’s Elgin gas field, although were the outage to continue into winter it could have a greater impact on prices. read more →
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05
Apr
U.K.’s ‘Fraught’ CO2 Tax on Power Companies Doubles for 2014
The U.K. plans to almost double its carbon surcharge, a measure aimed at spurring investment in nuclear and renewables generation, in its second year. read more →
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05
Apr
UK facing 4GW electricity generation capacity loss from April 2013
The UK’s effective power generation capacity will be slashed by 4GW from 1 April 2013, new figures have revealed, and some trading sources believe the potential loss of supply has not been sufficiently priced into the UK power forward curve. read more →