Just in:  

You are here: Home»Markets»Energy»Europe



Oil market slides in subdued deals LONDON: Oil prices fell in thin pre-holiday trade Wednesday, but analysts said losses were curbed by upbeat sentiment over a strong US economic growth report. Brent North Sea crude for delivery in February shed 91 cents to stand at $60.78 a barrel nearing midday in London.US benchmark West Texas Intermediate for February lost 83 cents to $56.09 per barrel compared with Monday's closing value.Crude futures had rallied Tuesday as strong US economic data sparked a round of buying in the beaten-down commodity.Prices have held above the five-year lows forged last week on abundant supplies and poor demand."Oil has slipped a bit again this week but has managed to stabilise above the $60 per barrel mark in Brent crude," said CMC Markets analyst Jasper Lawler.The US Commerce Department said Tuesday the world's largest economy grew at a spectacular five percent in the third quarter, the best growth rate since 2003. The ...

UK gas prices rise on colder forecasts, system undersupply LONDON: Prompt natural gas prices in Britain rose on Wednesday on forecasts for colder weather and a slightly undersupplied system.Prices for within-day delivery were up by 0.9 pence to 53.25 pence per therm at 0930 GMT.The gas system was 1.2 million cubic metres (mcm) undersupplied, with flows forecast at 233.9 mcm/day and demand at 235.1 mcm, National Grid data showed.Demand remained well below a seasonal norm of around 285 mcm."Langeled flows are down 5 mcm ...
Russian oil exports seen falling further in 2015 to 224.7mn T MOSCOW: Russia expects oil exports to fall further next year to 224.7 million tonnes, compared to this year's planned exports of 229.5 million tonnes, Russia's Energy Ministry said in e-mailed comments on Wednesday.In 2013, Russia, the world's second-largest oil exporter after Saudi Arabia, exported 236.5 million tonnes.The Energy Ministry also said gas exports, including liquefied natural gas (LNG), were seen at 207.3 billion cubic metres (bcm) in 2015 versus 197.2 bcm in 2014.Copyright Reuters, 2014 ...
Oil drops below $61 on supply glut, strong dollar LONDON: Brent oil fell by more than $1 towards $60 per barrel on Wednesday, weighed down by strong supply in the United States and a rising dollar.Brent for February delivery dropped $1.04 to $60.65 by 1132 GMT after gaining $1.58 on Tuesday.U.S. crude fell $1.02 to $56.12 a barrel, after closing $1.86 higher in the previous session.Trade was thin as many in the European and U.S. market were off for the Christmas break.Data from the ...
Russia reports leak on a major oil pipeline near Black Sea MOSCOW: Russia's Emergencies Ministry said on Wednesday it identified a leak on a major pipeline delivering oil to the Black Sea port of Tuapse.The ministry did not say whether the pipeline had been shut or the leak had caused a spill.State oil major Rosneft, which controls a refinery in Tuapse, said the plant continued to work so far unaffected by taking crude from its stocksCopyright Reuters, 2014 ...
Russian sees 2014 crude oil exports down 4.3pc MOSCOW: Russia's oil exports are expected to fall by 4.3 percent this year, Energy Minister Alexander Novak said on Tuesday, citing preliminary data.He said oil exports will be 229 million tonnes (4.6 million barrels per day), while natural gas production will fall by 4 percent to 641 billion cubic metres (bcm) and exports by 6.7 percent to 183.3 bcm.Russia, one of the world's top oil producers, has been cutting crude exports in recent years due ...
Oil above $61 after strong US growth beats forecasts LONDON: Brent crude oil rose above $61 a barrel on Tuesday after data showed the U.S. economy grew at its quickest pace in 11 years in the third quarter, outweighing downward pressure from a global glut and evidence of weak demand in other parts of the world.The Commerce Department on Tuesday revised up its estimate of U.S. gross domestic product growth to a 5.0 percent annual pace from the 3.9 percent rate reported last month, ...


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