Just in:  

You are here: Home»Markets»Energy»Europe



EU carbon prices edge lower ahead of increased supply LONDON: European carbon prices edged lower in thin trade on Monday ahead of an increase in supply from government sales of carbon allowances.Front-year EU Allowance (EUA) futures closed at 6.34 euros, down 4 cents on Friday's settlement.Liquidity was poor with around 4 million allowances of all vintages changing hands across all platforms as many traders were absent from their desks due to a national holiday in Britain. "The biweekly UK auction on Wednesday as well as the prospect of auction volumes going back to pre-August level in September could slow down the upward trend we have seen recently," analysts at Thomson Reuters Point Carbon said in a weekly report on Monday.Carbon allowance auctions will increase to 5.2 million units this week, from 4 million last week.From Sept. 1, sale quotas return to pre-August levels of between 8 million and 10.5 million allowances per week. A group of 25 EU nations ...

Oil slips towards $102, ample supply weighs LONDON: Oil slipped towards $102 a barrel on Monday, giving up an earlier gain, as ample supply and weak demand countered support from geopolitical tensions in Ukraine and Libya.Libyan exports have risen and Iraq's exports have continued flowing despite fighting in both countries. Ample supply and weak demand have created an oversupply in the Atlantic Basin market, according to Morgan Stanley.Brent crude slipped 18 cents to $102.11 a barrel by 1353 GMT. It hit a ...
Oil edges further above $102, supply risks support LONDON: Oil edged further above $102 a barrel on Monday with support from geopolitical tensions in Ukraine and Libya, although ample supply limited the rebound from last week's 14-month low. Libyan exports have risen in the past few weeks, although a continued recovery looks uncertain given fighting, analysts say. Fire destroyed the terminal at Tripoli's main airport on Sunday. Brent crude rose 14 cents to $102.43 a barrel by 0917 GMT. It reached a 14-month ...
Oil prices fall LONDON: Oil prices fell on Friday amid downbeat Chinese manufacturing data and the low likelihood of supply disruptions in conflict-hit Iraq, Ukraine and Libya, analysts said.US benchmark West Texas Intermediate for October delivery slid 41 cents to $93.55 a barrel.Brent North Sea crude for October dropped 27 cents to stand at $102.36 a barrel in London deals. Trading is "likely weighed by weaker-than-expected Chinese manufacturing data", Fat Prophets resources analyst David Lennox told AFP.The HSBC ...
Russia's Rosneft to buy into Norway oil driller despite sanctions MOSCOW/OSLO: Russia's top crude oil producer Rosneft will sell drilling rigs to Norway's North Atlantic Drilling Ltd (NADL) in return for shares in the firm, going ahead with an earlier agreed deal despite sanctions over Ukraine. Rosneft and its head Igor Sechin, a long-standing ally of Russian President Vladimir Putin, have been sanctioned by the West over Moscow's role in the Ukraine crisis, limiting the firm's access to international financial markets. Earlier this month, Norway ...
Brent weakens below $103 on rising supply, strong dollar LONDON: Brent crude oil futures drifted lower on Friday, further below $103 a barrel, as a strong dollar and plentiful supplies continued to pressure prices. October Brent crude was down 13 cents to $102.50 a barrel by 1122 GMT. US crude was down 26 cents at $93.70 a barrel. Traders and analysts said the market appeared to be pausing after hefty sell offs which have driven Brent to its lowest level since June 2013. "We've ...
Oil prices slide on easing supply strains LONDON: World oil prices dropped on Thursday on fading fears that conflicts in crude producers Libya and Iraq would result in a major supply disruption, analysts said. Brent North Sea crude for delivery in October shed 84 cents to stand at $101.44 a barrel in London afternoon deals.US benchmark West Texas Intermediate for October dropped 64 cents to $92.81 a barrel compared with Wednesday's close."Supply fears stemming from conflicts in both Iraq and Ukraine have ...


Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,819.75 0.20
Arrow DAX 9,470.17 0.08
Arrow CAC-40 4,381.04 0.34
Arrow Nikkei 15,424.59 0.23
Arrow H.Seng 24,742.06 0.01
Arrow Sensex 26,638.11 0.29

where to buy

cheap wedding dresses

online -

Buy cheap Nike Mercurials cleats at
cheap wedding dresses on - Best Online Wedding Store

Banking Review 2013

Buy direct from

China free shipping trade platform

Buy new style hair wigs at cheap price on

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln