All
 

 

Just in:  

You are here: Home»Markets»Energy»Europe

Europe

Archive

US oil price holds near six-year low LONDON: New York oil prices held near six-year lows Tuesday on worries over growing US stockpiles and after OPEC warned of a stubborn global supply glut, analysts said.US benchmark West Texas Intermediate (WTI) for April delivery slid to $42.63 a barrel -- touching the lowest level since March 11, 2009.The contract later recovered slightly to stand at $43.83, down five cents from Monday's close.In late afternoon London deals, European benchmark Brent North Sea crude for May delivery fell 79 cents to $53.15 a barrel.Crude futures also dropped Monday on worries over growing US oil inventories, which already stand at record-high levels adding to the global oversupply.In addition, the market fell sharply after OPEC questioned the strength of last month's rally, saying in a report that the price increase came "despite the fact that global supply continued to exceed demand".Traders are now eagerly awaiting Wednesday's weekly US government report on crude ...

Crude oil weaker, higher U.S. inventory expected LONDON: Brent crude oil prices pared losses in choppy trading on Tuesday, but remained at the lowest levels since early February as traders refocused attention on the mounting supply glut.Rising U.S. crude oil stocks, an increase in Libyan oil production and the chance of an agreement between Iran and the West that could ease sanctions on the oil producer and boost its exports all pulled prices lower."OPEC members are still staunchly producing...and demand from Europe ...
US oil price nears six-year low LONDON: New York oil prices approached six-year lows Tuesday on worries over growing US stockpiles and after OPEC warned of a stubborn global supply glut, analysts said.US benchmark West Texas Intermediate (WTI) for April delivery slid to $42.63 a barrel -- touching the lowest level since March 11, 2009. It later stood at $42.70, down $1.18 from Monday's close.Nearing midday in London, European benchmark Brent North Sea crude for May delivery fell $1.14 to $52.80 ...
UK gas prices slip on well supplied system LONDON: Prompt natural gas prices in Britain eased on Tuesday with the system close to balanced as supply flows rose to meet stronger demand, triggered by cold weather.Meteorologists expect temperatures to remain below seasonal norms over the coming week.Gas prices for within-day delivery were down 0.6 percent at 46.70 pence per therm at 0950 GMT.National Grid data showed the system was close to balanced with supply flows at around 273 million cubic metres (mcm) and ...
Brent crude slides as supply glut comes back to the fore LONDON: Brent crude oil prices lost ground on Tuesday, trading at their lowest level since early February, as concerns over a growing supply glut mounted.Analysts said that rising U.S. crude oil stocks, an increase in Libyan oil production and the chance of an agreement between Iran and the West that could ease sanctions on the oil producer and boost its exports are all pulling prices lower."The focus is on the bearish side," said Bjarne Schieldrop, ...
Russia's Lukoil enters offshore project in Cameroon MOSCOW: Russian oil company Lukoil said on Tuesday it had closed a deal to develop the Etinde offshore block in the Gulf of Guinea off Cameroon.Lukoil owns 30 percent in the project in West Africa, with the rest split between New Age Ltd (30 percent, operator), Bowleven Plc (20 percent) and Societe Nationale des Hydrocarbures of Cameroon (20 percent).On Monday, Lukoil said the share Lukoil Overseas - its foreign unit - in the firm's total ...
Lundin drills dry well in Norwegian North Sea OSLO: Swedish oil firm Lundin Petroleum drilled a dry well in the Norwegian sector of the North Sea, southwest of the Edvard Grieg field, the Norwegian Petroleum Directorate said on Tuesday.Lundin holds a 50 percent stake in the licence while other shareholders include OMV (20 percent), Statoil (15 percent) and BASF subsidiary Wintershall (15 percent).Copyright Reuters, 2015 ...

 



 
Index Closing Chg%
Arrow DJIA 17,976.31 1.49
Arrow Nasdaq 4,947.44 1.15
Arrow S&P 2,081.24 1.22
Arrow FTSE 6,891.43 0.53
Arrow DAX 12,086.01 1.83
Arrow CAC-40 5,083.52 0.98
Arrow Nikkei 19,411.40 0.65
Arrow H.Seng 24,855.12 1.51
Arrow Sensex 27,975.68 1.88





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln