All
 

 

Just in:  

You are here: Home»Markets»Energy»Europe

Europe

Archive

Oil prices dip after brief recovery LONDON: Oil prices fell on Monday after a brief rebound, with the market weighed down by weak demand growth in an oversupplied market.US benchmark West Texas Intermediate for delivery in November slipped five cents to $82.70 a barrel.Brent North Sea crude for December lost 48 cents to stand at $85.68 a barrel in London midday deals.Both contracts had risen at the end of last week as investors snapped up bargains after prices had tanked to multi-year low points.Oil prices have been hit hard in recent weeks by weak energy demand as the global economy stutters, a supply glut and price-cutting by major producers such as Saudi Arabia."Long-held assumptions about the determination of key OPEC producers to support prices appear to be dissolving as Saudi Arabia signals to the market that it may be comfortable with a long period of low oil prices," British bank Barclays said in a research note.While ...

Oil slips below $86 on global oversupply LONDON: Brent crude slipped below $86 a barrel on Monday, resuming a downward move that took the global oil benchmark to near a four-year low last week as supply overwhelmed weak demand in several key markets.Abundant global oil supplies, particularly of very high quality, light oil, coupled with a gloomy economic outlook from Europe to China pushed Brent last week below $83, to its lowest since 2010. Oil prices are down more than 25 percent ...
JSW curbs coal production, investment hit by lower coal prices WARSAW: Poland's JSW, the largest coking coal miner in the European Union, cut its 2014 production target by 9 to 12 percent and slashed investment in an effort to regain profitability after steep falls in coal prices.State-controlled JSW, which swung to a net loss of over $100 million in the first half of the year, said in a statement late on Friday it planned to produce 13.8 million to 14.0 million tonnes of coal in ...
Oil rises above $86 as investors say market oversold LONDON: Brent crude oil rose above $86 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold, and as fighting in Iraq increased political risk.Oil has lost more than a fifth of its value since June on heavy oversupply, signs of weak demand growth and indications that key oil producers, particularly Saudi Arabia, have a limited appetite to intervene on prices. "Prices have likely overshot ...
Oil market rebounds LONDON: World oil prices rebounded Friday on bargain-buying, a day after the US benchmark fell below $80 for the first time in more than two years.However, the overall mood remained clouded by a supply glut in and concerns over demand caused by a slowdown in major European economies and China.US benchmark West Texas Intermediate for November added $1.29 to $83.99 a barrel.Brent North Sea crude for delivery in November won $1.24 to stand at $87.06.WTI ...
Oil rises above $87 as investors say market oversold LONDON: Brent crude rose more than a dollar to above $87 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold in the short term.Oil has lost more than a fifth of its value since June on heavy oversupply, signs of weak demand growth and indications that key oil producers, particularly Saudi Arabia, have a limited appetite to intervene on prices."Prices have likely overshot to ...
Russia's Transneft resumes oil flows via ESPO pipeline - agency MOSCOW: Russia's oil pipeline monopoly Transneft has resumed supplies via its ESPO pipeline, Interfax news agency reported on Friday, citing a Transneft official.Transneft halted supplies on Oct. 15 after detecting a flaw in the East Siberia-Pacific pipeline."The defect has been eliminated, pumping was resumed overnight," Interfax cited Igor Demin, an adviser to the company's president as saying.Copyright Reuters, 2014 ...

 



 
Index Closing Chg%
Arrow DJIA 16,399.67 0.12
Arrow Nasdaq 4,316.07 1.35
Arrow S&P 1,904.01 0.91
Arrow FTSE 6,267.07 0.68
Arrow DAX 8,717.76 1.50
Arrow CAC-40 3,991.24 1.04
Arrow Nikkei 15,111.23 3.98
Arrow H.Seng 23,070.26 0.20
Arrow Sensex 26,429.85 1.23





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
WeeklyOctober 20, 2014
Reserves $13.436 bln