All
 

 

Just in:  

You are here: Home»Markets»Energy

Markets - Energy

Archive

Brent hovers near 27-month low as abundant supply weighs SINGAPORE: Brent crude futures hovered near $94 a barrel on Thursday and were close to their lowest levels in more than two years, reflecting sustained pressure from plentiful global supply and weak demand conditions in Europe and China.Brent fell the most since 2012 in the past quarter and could struggle to recover amid an oversupplied market that has kept prices below $100 for more than three weeks now.While a mending US economy bodes well for a potential rebound in oil prices in the last quarter of the year, sluggish economic signals elsewhere may limit gains."Ultimately weak demand conditions in Europe and China mean that aggressive gains are going to be hard to come by," said Ankit Pahuja, commodity strategist at Australia and New Zealand Banking Group (ANZ).Brent oil for November delivery was little changed at $94.19 a barrel by 0303 GMT.The contract fell as low as $93.78 on Wednesday, its ...


Oil edges up from more than 2-year low, glut caps gains LONDON: Oil edged up from a more than two-year low to near $95 a barrel on Wednesday as a slightly better-than-expected Chinese factory survey countered worries of an economic slowdown in the world's No. 2 oil consumer and ample supplies.Growth in China's manufacturing sector held up in September but remained subdued. The Purchasing Managers' Index (PMI) came in at 51.1, just ahead of forecasts for a 51.0 reading and offering some relief to investors worried ...

Oil rises from more than 2-year low, glut caps gains LONDON: Oil rose from a more than two-year low to over $95 a barrel on Wednesday as a slightly better-than-expected Chinese factory survey countered worries of an economic slowdown in the world's No. 2 oil consumer and ample supplies.Growth in China's manufacturing sector held up in September but remained subdued. The Purchasing Managers' Index (PMI) came in at 51.1, just ahead of forecasts for a 51.0 reading and offering some relief to investors worried about ...

Brent edges above $95 on relief over China's PMI SINGAPORE: Brent oil futures edged up above $95 a barrel on Wednesday as a positive Chinese economic survey helped the crude benchmark start October firmer after it fell to its weakest level since 2012 in the previous session. Concern over growing oil supply and the dollar's strength pushed Brent down by more than $2 on Tuesday in its biggest single-day drop since January and the same factors are likely to keep a lid on any ...

Asian shares mixed, dollar breaks 110 yen mark HONG KONG: Asian markets were mostly higher on Wednesday with Japan's Nikkei rising after a survey of business confidence showed a surprise pick-up and the dollar broke above 110 yen for the first time in more than six years.The dollar extended its run-up despite disappointing indicators out of Washington on Tuesday, while the euro continues to struggle after eurozone inflation hit a five-year low.Tokyo edged up 0.26 percent by the break and Sydney edged up ...

Oil prices rebound in Asia SINGAPORE: Oil prices rebounded in Asia Wednesday following sharp falls the day before, with a decline in US consumer confidence and tepid data from China dampening buying sentiment.US benchmark West Texas Intermediate (WTI) for November delivery rose 27 cents to $91.43 a barrel in mid-morning trade and Brent crude advanced 30 cents to $94.97.WTI plummeted $3.41 a barrel and Brent tumbled $2.53 Tuesday owing to a supply glut and a pick-up in the dollar, which ...

Oil slips below $97, hit by dollar strength LONDON: Brent oil slipped below $97 a barrel on Tuesday, hit by dollar strength and ample supply, and was heading for its deepest quarterly drop in more than two years.The dollar surged to a four-year high against a basket of currencies and a two-year high against the euro, making oil more expensive for holders of other currencies.Brent for November delivery was down 33 cents at $96.87 per barrel by 1403 GMT. It has lost nearly ...


 



 
Index Closing Chg%
Arrow DJIA 16,804.71 1.40
Arrow Nasdaq 4,422.09 1.59
Arrow S&P 1,946.16 1.32
Arrow FTSE 6,557.52 0.98
Arrow DAX 9,382.03 0.97
Arrow CAC-40 4,365.27 1.15
Arrow Nikkei 16,082.25 0.56
Arrow H.Seng 22,932.98 1.28
Arrow Sensex 26,567.99 0.23





where to buy

cheap wedding dresses

online - weddingdresstrend.com


Banking Review 2013


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

Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln