All
 

 

Just in:  

You are here: Home»Markets»Energy

Markets - Energy

Archive

Oil prices sink to multi-month lows on demand concerns NEW YORK: US oil prices plunged more than $3 Tuesday following weak manufacturing data from China and Europe and amid generous supplies around the world.US benchmark West Texas Intermediate for October delivery sank $3.08 to $92.88 a barrel on the New York Mercantile Exchange, its lowest level since January. NYMEX was closed Monday due to the Labor Day holiday in the US.European benchmark Brent oil for October delivery fell $2.45 to $100.34 a barrel. Earlier Tuesday, Brent had gotten as low as $100.17, its lowest level since May 2013.China, the world's second-biggest oil consumer after the US, said on Monday that its official purchasing managers' index (PMI) of manufacturing activity slipped to 51.1 last month, down from 51.7 in July and the first decline since February. A reading above 50 indicates growth, while below that level suggests contraction.In Europe, Markit's PMI of output in the 18-nation eurozone's manufacturing sector fell ...


Pelotas Basin, near Uruguay, in 2015 oil auction: source RIO DE JANEIRO: The Pelotas Basin, just north of Uruguay, is expected to be included in a licensing round for oil exploration blocks in Brazil next year and is likely to be one of the main draws, a source from the national regulator ANP told Reuters on Tuesday. The opening up of this new area could extend a string of large offshore discoveries which already stretch for more than a thousand kilometres from Brazil's state ...

Ecopetrol tenders to buy a gasoline cargo for Sept-Oct HOUSTON: Colombia's state-run Ecopetrol has launched a tender to buy a 195,000-200,000 barrel cargo of gasoline RON 92 to be received from September 30 to October 4 at Pozos Colorados, according to a document seen by Reuters on Tuesday.The oil company has been increasing imports of finished fuels since its 80,000 barrel per day (bpd) Cartagena refinery in March started a major expansion program that will last until the second quarter of 2015. For this ...

Nigerian oil exports revised up LONDON: Nigeria will export about 1.86 million barrels per day (bpd) of crude oil in October, slightly more than earlier scheduled, according to revised loading schedules obtained by Reuters on Tuesday. The total is up from 1.83 million bpd initially planned because one 950,000-barrel cargo of the EA crude grade will go for export in October, traders said. There were no exports of EA scheduled in August or September. The upward revision, while slight, adds ...

Brent oil sinks to 15-month low NEW YORK: Brent crude oil futures fell to the lowest level in 15 months on Tuesday, pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies pressured US prices. Oil prices on both sides of the Atlantic have been in steady decline since the end of June as concerns faded over supply disruptions from Iraq, Libya and Russia. Continued supply from key producing regions and ...

Nigerian oil exports revised up in October on EA return LONDON: Nigeria will export about 1.86 million barrels per day (bpd) of crude oil in October, slightly more than earlier scheduled, according to revised loading schedules obtained by Reuters on Tuesday.The total is up from 1.83 million bpd initially planned because one 950,000-barrel cargo of the EA crude grade will go for export in October, traders said. There were no exports of EA scheduled in August or September.The upward revision, while slight, adds supply to ...

Oil prices down after weak China, Europe data LONDON: World oil prices fell on Tuesday after disappointing manufacturing data on top energy consumer China as well as Europe, and as dealers await fresh US economic figures, analysts said.Brent North Sea crude for October dipped 71 cents to $102.08 per barrel in early afternoon London deals.US benchmark West Texas Intermediate for October delivery shed 69 cents to $95.26 per barrel."Brent crude prices (were) weighed upon by faltering manufacturing growth in both Europe and China ...


 



 
Index Closing Chg%
Arrow DJIA 17,067.56 0.18
Arrow Nasdaq 4,598.19 0.39
Arrow S&P 2,002.28 0.05
Arrow FTSE 6,829.17 0.06
Arrow DAX 9,507.02 0.30
Arrow CAC-40 4,378.33 0.03
Arrow Nikkei 15,668.60 1.24
Arrow H.Seng 24,749.02 0.01
Arrow Sensex 27,019.39 0.57





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

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 $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 02, 2014
Reserves $13.581 bln