Just in:  

You are here: Home»Markets»Energy»Europe



Oil prices slide at start of week LONDON: Oil prices slid Monday amid market volatility, as investors assessed the outlook for US interest rates. US benchmark West Texas Intermediate for delivery in October dropped $1.44 to $44.61 a barrel compared with the close on Friday.Brent North Sea crude for October was down $1.64 to $47.97 in late London deals.Trading volumes were down owing to Labour Day in the United States, helping to exaggerate the day's losses according to dealers.All eyes were on the United States, the world's biggest consumer of oil, with a decision on interest rates set to influence financial markets whatever the outcome of the Fed's policy meeting next week.A rate hike would likely strengthen the greenback, making dollar-priced oil more expensive to holders of weaker currencies, hurting demand and prices.Analysts said dealers are awaiting a slew of global economic data this week for clues about crude demand, with ample oil supplies boosted by relentless ...

Oil dips in cautious trade ahead of US jobs report LONDON: Oil prices slipped in cautious trade Friday as investors awaited the release of a US jobs report for August that could determine the Federal Reserve's timetable for hiking interest rates.US benchmark West Texas Intermediate (WTI) for October delivery lost 36 cents to $46.39 per barrel.Brent North Sea crude for October dropped 27 cents in mid-day London deals to $50.41."With the Federal Reserve closely eyeing employment figures in order to gauge the strength of the ...
Oil rangebound as equity rally offsets inventory rise LONDON: Crude prices traded in a narrow range on Thursday as optimism over equity markets helped offset a surprise increase in US oil inventory levels and a firm US dollar. A respite from bearish economic news in China, where markets are closed for public holidays for the rest of the week, also helped hold oil prices rangebound after weeks of huge swings. Brent slipped 15 cents to $50.35 a barrel by 1126 GMT, having gained ...
Russia's Gazprom to sign MOU on gas supplies to China MOSCOW: Russia's Gazprom will sign a memorandum of understanding (MOU) with CNPC on piping gas to China during President Vladimir Putin's visit to Beijing this week, a Kremlin aide said on Monday. Russia has sought to bolster energy sales to Asia to offset a political chill in Europe that has prompted sanctions against Moscow over its role in a crisis in Ukraine. Putin will attend a military parade in the Chinese capital this week marking ...
Oil falls back below $49 as glut, China concerns weigh LONDON: Oil fell below $49 a barrel on Monday after its biggest two-day rally in six years last week, pressured by a supply glut and renewed concern about a hard landing for China's economy. International benchmark Brent crude climbed 10 percent last week but was still heading for its fourth straight monthly decline and has risen in only two of the past 14 months.At 0835 GMT, Brent was down $1.28 at $48.77 a barrel and ...
Oil prices slide after US-inspired jump LONDON: Oil slid Friday at the end of a tumultuous week, during which prices hit 6.5-year lows on fears over China's slowing but then rebounded on strong US economic growth data.US benchmark West Texas Intermediate (WTI) for October delivery lost 21 cents to $42.35 per barrel.Brent North Sea crude for October dropped 15 cents in early afternoon London deals to $47.41.Both contracts had soared by about 10 percent on Thursday after news the US economy ...
Lithuania LNG imports could fall to 320-320 mcm in 2016 OSLO: Lithuania is planning to import 35-40 percent less liquefied natural gas (LNG) via its terminal at the Klaipeda port next year due to falling demand, business daily Verslo Zinios reported on Friday. The volumes could decline from a planned 540 million cubic metres (mcm) this year to 320-350 mcm in 2016, the newspaper said, citing sources. Lithuanian LNG importer Litgas has a five-year contract with Norway's Statoil to buy 540 mcm per year, but ...


Index Closing Chg%
Arrow DJIA 16,790.19 0.08
Arrow Nasdaq 4,748.36 0.69
Arrow S&P 1,979.92 0.36
Arrow FTSE 6,326.16 0.43
Arrow DAX 9,902.83 0.90
Arrow CAC-40 4,660.64 0.95
Arrow Nikkei 18,186.10 1.00
Arrow H.Seng 21,831.62 0.10
Arrow Sensex 26,932.88 0.55

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 05, 2015
Reserves $18.349 bln