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Power & Energy Commodity News

Brent crude slips as Isis fears recede

Source: Financial Times, 8th July 2014

Since sectarian strife in Iraq drove Brent to a nine-month high of $115.71 a barrel in June the international oil benchmark has declined by 5 per cent

Read the full article on FT.com

Brent crude slips below $110

Source: Financial Times, 8th July 2014

Since sectarian strife in Iraq drove Brent to a nine-month high of $115.71 a barrel in June the international oil benchmark has declined by 5 per cent

Read the full article on FT.com

Fears grow over long-term hit to Iraq oil

Source: Financial Times, 8th July 2014

Crude has dropped $5 a barrel, ICE August Brent slipping below the $110 level on Tuesday. But the concerns over Iraq have not disappeared. Instead, the focus has shifted to the longer term effects of the violence

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Libya oil exports to rise as ports reopen

Source: Financial Times, 8th July 2014

Ports that normally handle about half country’s exports were handed over last week by rebels who had seized them for political and financial leverage

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Rosneft switches focus to new projects

Source: Financial Times, 6th July 2014

Move marks a significant change for the state-controlled oil group and comes against a backdrop of US and European sanctions

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Genel maintains guidance despite Iraq chaos

Source: Financial Times, 6th July 2014

Production and revenues guidance for the year remain unchanged, despite the turmoil raging in nearby areas of northern Iraq

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Copper confounds bears with strong gains

Source: Financial Times, 3rd July 2014

The metal, used in electronics and construction, touched $7,180 a tonne for three-month delivery on the London Metal Exchange, a level last seen on February 20

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Crude falls as Libya’s oil crisis ‘ends’

Source: Financial Times, 3rd July 2014

Oil falls towards $110 a barrel after Libya declares “the end of the oil crisis” that has slowed the country’s exports to a trickle

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Oil slides on Libya exports reports

Source: Financial Times, 3rd July 2014

Key eastern oil ports of Es Sider and Ras Lanuf, which have been blockaded by rebels who sought greater regional autonomy, may be reopened

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Oil explorers hit rock bottom

Source: Financial Times, 3rd July 2014

Exploration and production companies have lost their knack of finding oil, but some executives believe their stock may have reached its low point

Read the full article on FT.com