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Power & Energy Commodity News

Oil falls further as IEA cuts 2015 forecast

Source: Financial Times, 12th December 2014

Energy watchdog says rout in prices has not stimulated buying

Read the full article on FT.com

Mexico eyes gas futures amid energy reform

Source: Financial Times, 11th December 2014

MexDer to work with CME on gas futures contracts for 2016 launch

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Norway cuts rates over tumbling oil price

Source: Financial Times, 11th December 2014

Krone falls sharply as central bank says another reduction possible

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Davey calls for carbon asset transparency

Source: Financial Times, 11th December 2014

UK is latest to warn on risks of fossil fuel investments as world seeks to tackle climate change

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Cheap energy bonds fail to tempt rally

Source: Financial Times, 11th December 2014

Debt investors err on side of caution as oil prices drop

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Record U.S. crude oil runs lead to bearish product stock builds

London, 11 December 2014

Platts – Soaring crude oil inputs at U.S. refineries helped to push combined U.S. gasoline and distillate stocks 13.78 million barrels higher the week ended December 5, U.S. Energy Information Administration (EIA) oil data showed Wednesday.

Read more: Record U.S. crude oil runs lead to bearish product stock builds

Oil tumbles post OPEC forecast

London, 11 December 2014

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC's latest forecast. And that's just one of several sour estimates. 

Read more: Oil tumbles post OPEC forecast

BP expects $1bn job cuts charge

Source: Financial Times, 10th December 2014

Energy group seeks to shed several thousand staff and to further reduce capital expenditure

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Oil below $65 for first time in 5 years

Source: Financial Times, 10th December 2014

Bearish Opec lowers demand forecast amid increasing US shale output

Read the full article on FT.com

Opec slashes forecast for 2015 oil demand

Source: Financial Times, 10th December 2014

Brent falls below $65 after the cartel said demand for crude will be the lowest in a decade

Read the full article on FT.com