All
 

 

Just in:  

You are here: Home»Markets»Energy»Europe

Europe

Archive

UK gas prompt prices slip on mild November weather outlook LONDON: Prompt natural gas prices in Britain eased on Tuesday on expectations of weaker demand following forecasts for continued mild weather and above-average temperatures this month.Prices for within-day delivery were trading at 53.55 pence per therm at 1011 GMT, down 1.45 pence since their last settlement. Prices for delivery on Wednesday were down 0.70 pence at 53.50 pence per therm."An increase in the temperature forecast from the end of this week going forward has led to a weaker open...," said Marcel Boonaert, head of trading at gas supply company Wingas UK.Meteorologists forecast temperatures of nine to 12 degrees Celsius for the weekend, above averages of around seven degrees Celsius.With supply flows at about 228.8 million cubic metres (mcm) per day on Tuesday, equal to expected demand, the system was balanced, National Grid data showed.As demand was below normal seasonal levels, the system was able to cope with an unplanned outage ...

Brent crude oil falls more than $1 to 4-year low of $81.23 LONDON: Brent crude oil futures fell by more than $1 on Tuesday to a four-year low of $81.23, as a strong dollar and robust production from US shale oil fields weighed on prices.The US dollar hit a 7-year high against the yen and was up 0.2 percent on the day against a basket of currencies. Production from shale oil fields in the United States showed no signs of slowing despite falling prices, the Energy Information ...
Oil prices rally on Chinese data LONDON: World oil prices rose Monday, gaining strength from solid economic data in key consumer China, with extra support from the weaker US dollar, dealers said.Brent North Sea crude for delivery in December jumped $1.45 to trade at $84.84 a barrel around midday in London.US benchmark West Texas Intermediate for December rallied $1.06 to $79.71 a barrel compared with Friday's closing level."Brent ... futures rallied towards $85 per barrel, supported by solid Chinese economic data ...
Brent climbs above $84 on Libya disruptions, weaker dollar LONDON: Brent crude rose by $1 to above $84 a barrel on Monday, climbing for a second straight session as protests in Libya disrupted supply and the U.S. dollar fell away from four-year highs.Exports at the Hariga oil port in eastern Libya were halted on Saturday when state security guards began a sit-in protest over unpaid wages.The El Feel oil field in the south-west, also known as the Elephant field, was shut down on Sunday ...
UK gas prompt prices rise on increased demand from utilities LONDON: Prompt natural gas prices in Britain rose on Monday morning as outages at nuclear plants boosted demand from gas-fired power generators.Prices for within-day delivery were trading at 54.15 pence per therm at 0945 GMT, up 0.9 pence since their last settlement. Prices for delivery on Tuesday were up 0.85 pence at 54 pence per therm.With supply flows at about 215 million cubic metres (mcm) per day on Monday and demand expected to be about ...
Oil prices creep higher before key US jobs data LONDON: World oil prices nudged higher on Friday as dealers awaited key jobs data in the United States and digested OPEC's demand forecast downgrade.Brent North Sea crude for delivery in December rose 17 cents to $83.03 a barrel around midday in London.US benchmark West Texas Intermediate for December advanced 29 cents to $78.20 a barrel compared with Thursday's closing level."Today, all eyes are on the US employment data which will set the tone for (the) ...
Statoil drills another dry well in Norwegian Arctic OSLO: Norwegian oil and gas firm Statoil drilled a dry well in the Norwegian Arctic, the Norwegian Petroleum Directorate said on Friday, capping a disappointing campaign in the area which has mostly yielded dry wells. Statoil holds 35 percent of the licence, 210 kilometres northeast of Hammerfest, while Spike Exploration has 30 percent, Explora Petroleum 20 percent and GDF Suez 15 percent. Copyright Reuters, 2014 ...

 



 
Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln