All
 

 

Just in:  

You are here: Home»Markets»Energy»Europe

Europe

Archive

Oil steadies above $97, supported by US, Chinese data LONDON: Brent oil steadied above $97 a barrel on Tuesday, supported by U.S. and Chinese economic data, but was still set for its deepest quarterly drop in more than two years because of strong supply and a surging dollar.Brent crude has slumped since June, when it hit this year's high of $115.71. Strong supply, a strong dollar and lacklustre economic data drove prices to a 26-month trough last week.Brent for November delivery was up 32 cents at $97.52 per barrel by 0958 GMT. It has lost more than 13 percent in the third quarter, its biggest quarterly drop since April-June 2012.U.S. crude was up 19 cents at $94.76 a barrel but was also on track for its biggest quarterly fall since the second quarter of 2012."What we're seeing is a bit of profit-taking as traders close out their positions at the end of the month," said Michael Hewson, chief market ...

Turkey hikes natural gas prices 9pc from October ISTANBUL: Turkey will hike electricity and natural gas prices by 9 percent from October, Energy Minister Taner Yildiz said on Tuesday, blaming a weaker lira currency for the price hikes in the heavily import-dependent country. The hikes are expected to put further pressure on already stubborn inflation. Much of Turkey's electricity is generated using natural gas, meaning the price rise is likely to have a significant impact on household energy bills.Copyright Reuters, 2014 ...
Brent falls below $97 on weak Chinese data, strong dollar LONDON: Brent oil fell below $97 a barrel on Monday, moving closer to a two-year low hit last week as weak data from major buyer China and a stronger US dollar added to pressure from heavy supply. The international benchmark for crude has fallen from $115 in June as geopolitical tension in the Middle East failed to derail oil output, while concerns about slow demand have grown. Brent for November delivery fell 21 cents to ...
Oil market dips on stronger dollar LONDON: World oil prices slid on Monday as dealers took their cue from the strengthening US dollar, analysts said.Brent North Sea crude for delivery in November shed 53 cents to stand at $96.47 a barrel in London midday deals.US benchmark West Texas Intermediate for November reversed 52 cents to $93.02 a barrel.In foreign exchange activity, the euro struck the lowest level against the dollar for almost two years, slumping to $1.2664 before rebounding.The euro is ...
UK gas prices fall on rising North Sea supplies LONDON: Natural gas and power prices in Britain dropped on Monday morning as mild weather and a rise in imports of Norwegian gas and in power generation capacity left the system well supplied.Gas prices for delivery within the day were trading at 49.25 pence per therm at 0830 GMT, down 0.75 pence since their last close, and prices for delivery on Tuesday were down 0.55 pence to 49.20 pence a therm.The lower prices were largely ...
Brent falls below $97 on weak Chinese data, strong dollar LONDON: Brent crude oil fell below $97 a barrel on Monday, moving closer to a two-year low hit last week as weak data from major buyer China and a stronger U.S. dollar added to pressure from strong supplies.The international oil benchmark has fallen from $115 in June as geopolitical tension in the Middle East failed to derail petroleum output, while concerns about slow demand have grown.Brent for November delivery fell 61 cents to $96.39 a ...
Statoil makes uncommercial gas find in Arctic OSLO: Energy firm Statoil has made a disappointing gas find in the Arctic, continuing an unsuccessful run of exploration drilling in the Norwegian part of the region, an area Statoil has called an "exploration hot spot" with high potential.The company said it found between 5 billion and 20 billion standard cubic metres of gas or 30 million to 120 million barrels of oil recoverable equivalent at the Pingvin prospect, a discovery it assessed as non-commercial."For ...

 



 
Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24





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 23, 2014
Reserves $13.465 bln