All
 

 

Just in:  

You are here: Home

Europe

Archive

Oil market fall as dollar rallies LONDON: World oil prices fell Thursday on the back of the surging dollar and plentiful global supplies, analysts said.Brent North Sea crude for delivery in November dropped 31 cents to stand at $96.64 a barrel in London afternoon deals.The contract had dived Wednesday to $95.60 -- the lowest level since early July 2012 -- on worries over abundant oil supplies and a weaker demand outlook -- before pulling back on official data showing a surprisingly heavy drop in US crude inventories.Elsewhere Thursday, US benchmark West Texas Intermediate for November retreated 17 cents to $92.63 a barrel."The predominant driver... remains buoyant supply combined with weakening global demand and a gaining dollar value," said Dorian Lucas, analyst at British-based energy consultancy Inenco. The euro plunged Thursday to a near two-year low of $1.2697 on fresh worries over the health of the stuttering eurozone economy.The dollar also won support from growing expectations that ...
UK gas prompt edges higher on less Norwegian supply LONDON: Prompt natural gas prices in Britain rose on Thursday as lower supplies from Norway led to an undersupplied system.Prices for within-day delivery were trading at 49.50 pence per therm at 0808 GMT, up 0.15 pence since their last settlement.With supply flows at about 158.2 million cubic metres (mcm) per day on Thursday and demand expected to be about 174.5 mcm, the system was 16.3 mcm undersupplied, National Grid data showed.Norwegian imports via Langeled were ...
Rosneft may back out of Morgan Stanley oil unit deal LONDON: Rosneft, Russia's biggest crude oil producer, may back out of a deal to buy Morgan Stanley 's oil trading unit because Western sanctions make it virtually impossible to finance day-to-day operations, three sources close to the state-controlled company said.The people said the chances of the deal going through range from "possible" to "highly unlikely." A spokesman for Rosneft said that "the work over the deal is still ongoing."The business in question trades actual barrels ...
Oil dips further below $97 on over supply and strong dollar LONDON: Brent crude oil dipped further below $97 a barrel on Thursday as abundant supply and a strong dollar outweighed concerns about threats to supply posed by fighting in the Middle East.The dollar hit a four-year high, dampening demand for commodities priced in the U.S. currency at a time when global economic growth is already lacklustre, particularly in the euro zone and China. The euro reached a 22-month low as speculation grew that the region ...
Russia's Rosneft continues work on deal with Morgan Stanley MOSCOW: Russian oil company Rosneft is continuing work on a deal to buy Morgan Stanley's oil-trading unit, RIA news agency quoted an official at the state-run company as saying."Work on the deal is ongoing," the official, who was not identified by RIA, was quoted as saying. Three sources close to Rosneft have told Reuters that Rosneft could back out of the deal because Western sanctions make it virtually impossible to finance day-to-day operations.Copyright Reuters, 2014 ...

 





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy new style hair wigs at cheap price on Ishowigs.com