All
 

 

Just in:  

You are here: Home»Markets»Energy

Markets - Energy

Archive

Oil flat around $107 as ample supply offsets risk premium LONDON: Oil held steady around $107 a barrel on Friday, as plentiful supply countered any premium to prices caused by concern over conflicts in the Middle East and Ukraine. Brent crude for September delivery traded 14 cents higher at $107.21 a barrel by 1020 GMT. The contract had closed 96 cents lower on Thursday.US crude for September delivery was up 10 cents at $102.17 a barrel, after settling $1.05 lower.The continuing conflicts, however, did little to push prices higher as global supplies remained good. "There is ample prompt supply of crude oil, but the geopolitics in Ukraine, Gaza, Iraq and Libya is providing support," said Olivier Jakob, an analyst at Petromatrix in Zug, Switzerland. He added that poor refining margins in Europe pointed to slack demand in the region. German business sentiment fell for a third consecutive month in July, suggesting firms in Europe's largest economy are worried about geopolitical ...


Statoil disappoints in Q2 as production falls OSLO: Norwegian oil giant Statoil stood by its production target for 2014 on Friday despite a second-quarter drop in output which weighed on its results.Adjusted earnings, an indicator followed closely in financial markets, were down by 15 percent to 32.3 billion kroner (3.87 billion euros, $5.20 billion) compared to 38 billion kroner a year earlier. The results were affected by divestments, seasonal effects and lower gas prices, said Statoil, which is 67-percent owned by the ...

Rosneft working to limit effects of sanctions, profits jump MOSCOU: Russia's state-held oil giant Rosneft said on Friday it was working on a plans to reduce the effects of Western sanctions over Ukraine, and announced a five-fold jump in second-quarter earnings."Together with our partners -- the world's leading oil companies -- we are working on a plan to minimise the consequences of including Rosneft on the sanction lists," Rosneft chief executive Igor Sechin said in the company's earning statement.Rosneft was hit by US sanctions ...

Oil prices mixed in Asian trade SINGAPORE: Oil prices were mixed in Asia Friday as soft gasoline demand in the United States offset upbeat manufacturing data from China, analysts said.US benchmark West Texas Intermediate (WTI) for September delivery dipped eight cents to $101.99 a barrel in afternoon trade, while Brent crude gained two cents to $107.09."WTI prices are kept pressured under by gasoline inventories, which expanded for the third straight week despite the ongoing driving season in the US," said Desmond ...

Oil prices mixed in Asian trade SINGAPORE: Oil prices were mixed in Asia Friday as soft gasoline demand in the United States offset upbeat manufacturing data from China, analysts said.US benchmark West Texas Intermediate (WTI) for September delivery dipped 11 cents to $101.96 a barrel in late-morning trade, while Brent crude gained three cents to $107.10."WTI prices are kept pressured under by gasoline inventories, which expanded for the third straight week despite the ongoing driving season in the US," said Desmond ...

Oil prices slip awaiting Russia sanctions LONDON: Oil prices turned lower on Thursday as the market took their leads from geopolitical tensions affecting key crude producing regions Russia and the Middle East.Brent North Sea crude for delivery in September dropped 25 cents to stand at $107.78 in London midday deals.US benchmark West Texas Intermediate for September fell 32 cents to $102.80 a barrel."The market should continue to monitor geopolitical headlines," said Andrey Kryuchenkov, analyst at financial group VTB Capital."We do not ...

UK gas prices edge up on possible new EU sanctions against Russia LONDON: Wholesale natural gas prices in Britain rose on Thursday as the threat of economic sanctions on Russia offset ample supply.Gas prices for delivery the next day were trading at 37.60 pence per therm at 0855 GMT, up 0.35 pence since their last close, while prices for delivery within the day were up 0.05 pence to 37.25 pence a therm."There's a fear that five months up the line, or even before, flows from Russia to ...


 



 
IndexClosingChg%
ArrowDJIA 17,083.80 0.02
ArrowNasdaq 4,472.11 0.04
ArrowS&P 1,987.98 0.05
ArrowFTSE 6,821.46 0.34
ArrowDAX 9,794.06 0.42
ArrowCAC-40 4,410.65 0.78
ArrowNikkei 15,284.42 0.29
ArrowH.Seng 24,141.50 0.71
ArrowSensex 26,271.85 0.48





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy cheap Nike Mercurials cleats at mercurialscleats.com
cheap wedding dresses on SiteSteer.com - Best Online Wedding Store


Banking Review 2013


Buy direct from

China free shipping trade platform

Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln