All
 

 

Just in:  

You are here: Home

Europe

Archive

Oil prices retreat after highs LONDON: Oil prices slid on Thursday as profit-taking set in a day after crude futures reached five-month high points following an unexpected drop in US inventories.US benchmark West Texas Intermediate (WTI) for June delivery lost $1.27 to $59.66 a barrel.Brent North Sea crude for June shed $1.33 to stand at $66.44 a barrel in late London deals.Brent had hit $69.63 and WTI reached $62.58 on Wednesday -- the highest levels this year.Crude stockpiles tumbled by 3.9 million barrels in the week to May 1. Analysts had expected an increase of 1.5 million barrels, according to a Bloomberg News poll.Despite the decline, at 487.0 million barrels of crude, the stockpiles were at their highest level on record for this time of year.And US crude-oil production slipped only marginally to 9.4 million barrels per day."Prices have come off because markets had been anticipating that US production numbers would have come down lower," ...
Oil prices steady after highs LONDON: Oil prices steadied on Thursday, a day after reaching five-month high points following an unexpected drop in US crude inventories.US benchmark West Texas Intermediate (WTI) for June delivery dipped 13 cents to $60.80 a barrel.Brent North Sea crude for June rose 23 cents to stand at $68.70 a barrel in London midday deals.Brent had hit $69.63 and WTI reached $62.58 on Wednesday -- the highest levels this year.Crude stockpiles tumbled by 3.9 million barrels ...
Enel Green Power sees 2015 core earnings falling to 1.8bn euros MILAN: Italy's biggest renewable energy company Enel Green Power said it would spend 9.6 billion euros ($11 billion) over the next five years to grow its geographic footprint targeting mainly Brazil, Chile and Mexico. The company, controlled by utility Enel, expects its earnings before interest, tax, depreciation and amortisation (EBITDA) to fall to around 1.8 billion euros this year, from some 1.9 billion euros in 2014. EBITDA is expected to rise to around 2.1 billion ...
Oil heads towards 2015 highs despite ample supply LONDON: Brent crude oil headed up towards 2015 highs above $68 a barrel on Thursday after official data showed the first drawdown in US crude inventories since January, evidence the market there is balancing after months of heavy oversupply.US crude stocks fell 3.9 million barrels last week, the first drop in four months, the Energy Information Administration said on Wednesday. Stronger-than-expected demand growth and a slowdown in US crude supply has boosted oil prices by ...
Oil prices extend rally LONDON: Oil prices rallied on Tuesday as the market builds on strong recent gains following massive falls earlier in the year.US benchmark West Texas Intermediate for delivery in June won $2.06 to $60.99 a barrel.Brent North Sea crude for June advanced $1.69 to stand at $68.15 a barrel in late London deals."Crude oil has resumed its strong recovery since bottoming out in mid-March," said Fawad Razaqzada, analyst at Forex.com."The trigger behind today's rally was apparently ...

 





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk