All
 

 

Just in:  

You are here: Home

Europe

Archive

Oil market climbs before US energy report LONDON: World oil prices rose Thursday on expectations that the latest US stockpiles report will show a further dip in crude reserves as traders worry about a global oversupply, analysts said. In early afternoon London deals, Brent North Sea crude for July added 29 cents to $62.35 per barrel, compared with Wednesday's closing level.US benchmark West Texas Intermediate (WTI) for delivery in July won 24 cents to $57.75 a barrel.The Department of Energy's weekly petroleum report, usually released on Wednesdays, will be issued a day later owing to a US public holiday on Monday."Speculation that US oil inventories could decline again in tonight's weekly report appears to have attracted some relative support" to prices, said Nicholas Teo, market analyst at CMC Markets in Singapore. Analysts expect inventories fell for a fourth consecutive week, by two million barrels, according to a survey by Bloomberg News. The stockpiles currently stand at 482.2 ...
Oil steadies ahead of US inventory data LONDON: Oil prices steadied on Thursday after a two-day slide as investors awaited data from the U.S. Energy Information Administration (EIA) to see how American oil production was responding to a recent surge in prices.Industry group American Petroleum Institute (API) said on Wednesday that U.S. crude oil inventories rose by 1.3 million barrels last week, following three weeks of withdrawals.If that is confirmed by EIA figures due at 11 a.m EDT (1500 GMT), it could ...
Oil pares gains as dollar recovers LONDON: Crude oil futures edged up on Wednesday on expectations that U.S. crude stocks fell for a fourth straight week, but prices pared early gains as the dollar reversed losses.July Brent crude was up 13 cents at $63.85 a barrel by 1043 GMT, easing back from an early high of $64.67, while U.S. crude was up 23 cents at $58.26 a barrel after touching $58.95 earlier in the session.The dollar was unchanged against a basket ...
Oil market rebounds slightly LONDON: World oil prices rose Wednesday on bargain-hunting after sharp falls the previous day triggered by a strong US dollar and global supply glut concerns, analysts said.In early afternoon London deals, Brent North Sea crude for July added 36 cents to $64.08 per barrel, compared with Tuesday's closing level.US benchmark West Texas Intermediate (WTI) for delivery in July won 43 cents to $58.46 a barrel.Crude futures had shed more than $1.60 on Tuesday, as markets ...
Oil drops to $65 on US shale outlook, dollar LONDON: Oil fell to around $65 a barrel on Tuesday, pressured by the possibility that U.S. shale oil producers could increase drilling activity and by a stronger dollar.U.S. drillers cut the number of rigs by just one last week, data showed on Friday, and Goldman Sachs said prices were at a level that would spur activity. The dollar could rally further, Morgan Stanley said, adding to a growing list of headwinds crude faces that include ...

 





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk