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Oil Futures Advance 1.2 percent after Crude Inventories Slid in January 2012
Oil futures advanced as much as 1.2 percent after the American Petroleum Institute said crude inventories slid the most in six weeks in the seven days ended Jan. 13. Brent oil for March settlement advanced 69 cents, or 0.6 percent, to $111.35 a barrel on the London-based ICE Futures Europe exchange. The European benchmark contract’s [...]
Thursday, January 19th, 2012Biodiesel Forecast 2011 Decrease in Europe, 2020 Biodiesel Analysts 66 percent
Biodiesel forecast, European Biodiesel Board is reporting that the European Union biodiesel industry production forecasts are noting a 2011 decrease in output, the first since data has been gathered, down from 2010 figures of 9.57 million tons. The European Biodiesel Board reported that biodiesel generation in Europe in 2010 grew by 5.5 percent over 2009 [...]
Tuesday, October 25th, 2011Review Oil Prices: Brent Crude Down 3USD per Barrel
Brent crude down by more than $3 a barrel, and European stock markets rise at prospect of return to large-scale oil production. As oil declined on Monday, gold reached yet another record high, breaching $1,890 an ounce for the first time to trade at $1,894.80 for a period. Investors have been scrambling towards gold as [...]
Sunday, September 4th, 2011