Just in:  

You are here: Home»Markets»Energy»Europe



EU carbon prices slip on weak auction demand LONDON: European Union carbon prices dipped on Tuesday in a thinly traded market, weighed down by weak demand in an auction of carbon permits.Front-year EU Allowance (EUA) futures closed at 6.33 euros ($8.35), down 2 cents on Monday's settlement. "There isn't much interest from utilities over the summer months and you can see from the auction result there is a lack of demand for permits at the moment," a carbon trader said.The European Union sold 934,000 spot EU carbon permits on EEX at 6.26 euros per tonne each on Tuesday, the exchange said. The sale attracted bids for 4.43 million permits, giving it an over-subscription rate of 4.74, the lowest rate for a government auction since Aug. 8. Liquidity in the carbon market was low on Tuesday. Around 8.5 million allowances of all vintages changed hands across Europe's main exchanges, including the auction volume. Traders said carbon prices are also ...

Brent rises above $103 after US consumer data LONDON: Brent crude rose over $103 a barrel on Tuesday as bullish U.S. consumer data overshadowed the effect of persistent supply pressure and weak economic data in most countries that are major users.The benchmark is headed for a second straight monthly decline in August as slow growth in China and Europe has curbed oil demand and led to a supply glut in the Atlantic Basin, offsetting the impact on prices from world political tensions.Brent crude ...
Oil prices climb on tensions LONDON: Oil rose on Tuesday on geopolitical tensions in crude producers Iraq and Libya as well as Ukraine, a key conduit for Russian gas exports to Europe, dealers said.However, market gains were capped by ongoing jitters over abundant crude supplies and weak demand amid poor global economic data.Brent North Sea crude for October added 19 cents to stand at $102.84 per barrel in midday London deals.US benchmark West Texas Intermediate for October delivery gained 25 ...
UK gas prices up as cool weather, low Norway flows leave system short LONDON: British wholesale natural gas and power prices rose on Tuesday morning as relatively cold weather and low imports from Norway left the system undersupplied.Gas prices for delivery within Tuesday as well as for use on Wednesday were both trading at 43.50 pence per therm at 0830 GMT on Tuesday, up 1.5 pence since their last close, and power prices for baseload (24 hours) delivery on Wednesday were up 1.5 pounds per megawatt-hour (MWh) to ...
Brent inches up towards $103, supply glut caps gains LONDON: Brent crude climbed towards $103 a barrel on Tuesday, rising for a second session, although persistent supply pressure and weak economic data in major consumer countries curbed gains.The benchmark is set for a second straight monthly decline in August as slow growth in China and Europe has curbed oil demand and led to a supply glut in the Atlantic Basin, offsetting the impact on prices from world political tensions.Brent crude rose 16 cents to ...
Statoil to keep Rosneft partnership despite Russia sanctions OSLO: Norwegian energy group Statoil said on Monday it intended to continue its partnership with Russia's Rosneft, despite Western economic sanctions imposed on Moscow for its role in the Ukranian crisis. "Of course, (the imposition of sanctions) hasn't made it any easier for either Rosneft or companies working with that company and other Russian companies," Statoil chief executive Helge Lund told Dow Jones Newswires."But our aim is to continue the (Rosneft) partnership, and we hope ...
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 ...


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 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86

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