Matthew Brown News
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The U.K.’s Office for Gas and Electricity Markets has opened a consultation into pricing benchmarks in the energy industry following reports of attempted price manipulation.
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U.K. natural gas for same-day delivery fell to the lowest price in eight months as Centrica Plc’s Rough gas storage site, the U.K.’s largest, had an unplanned halt.
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Wells Fargo & Co., the bank building a securities business to challenge Wall Street, promoted Dan Thomas to help clients clear trades and manage collateral and hired Deutsche Bank AG’s Eamon McCooey to run hedge-fund services.
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Iraq is due to start pumping crude from two of its largest oil fields within weeks, creating a possible obstacle to future efforts by OPEC to curb supplies in the event of a drop in prices.
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The world could cut emissions by as much as 19.8 billion tons of carbon dioxide equivalent by 2020, according to a technical paper published by the United Nations Framework Convention on Climate Change.
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The impact of leather on leather imparts a pleasing crack as Pierre Andurand releases a combination of jabs and hooks onto pads being held by his coach. Powerful shoulders hint at a past as an elite swimmer in France.
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Vector Commodity Management LLP’s assets under management slumped 86 percent this year after losing money since 2011.
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Clive Capital LLP paid its top- earning partner $33.5 million in the 12 months through February as the commodity hedge-fund firm managed by Chris Levett posted losses for clients for a second straight year.
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Natural gas will increase its share of road transport fuels to 2.5 percent in 2018 from 1.4 percent in 2010 as consumers look for cheaper, cleaner forms of propulsion, according to the International Energy Agency.
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Platts, the energy information provider owned by McGraw-Hill Cos., said that some companies have stopped providing its reporters with the natural gas pricing data it uses to compile its indexes.
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