Just in:  

You are here: Home»Markets»Energy»Europe



Oil market falls back LONDON: World oil prices reversed Monday on supply glut woes, the strong dollar and signs of faltering demand from Asian powerhouse China.In late afternoon deals in London, Brent North Sea crude for December dipped 36 cents to $47.06 a barrel.US benchmark West Texas Intermediate (WTI) for delivery in December slid 49 cents to $43.80 per barrel compared with Friday's close. "The supply overhang in the United States will likely limit any protracted upside in front month WTI futures," said Sucden analyst Kash Kamal."The outlook for the global market is similar with any potential upside in front month Brent futures limited by the steady flow of crude entering the market."He added: "With a lacklustre demand outlook and uncertainty regarding central bank policy around the world, investors have been unwilling to commit to any significant positions."A bullish US jobs market report Friday sent the dollar higher, which would make dollar-priced oil more ...

Oil edges up as OPEC sees strong demand next year LONDON: Oil futures rose above $47.50 a barrel on Monday as OPEC said it expected global demand to remain strong next year, while weak Chinese trade data and concerns over rising supplies weighed.A weaker dollar further supported oil, with Brent crude for December delivery up 22 cents at $47.64 a barrel by 0905 GMT, after falling more than 4 percent last week. December US crude gained 12 cents to $44.41 a barrel after falling nearly ...
Oil falls, dented by signs of rising excess supply LONDON: Oil prices fell on Thursday, under pressure from rising supplies both in the United States, where inventories gained for a sixth straight week, and in Europe, where physical crude prices are nearing five-month lows.On Wednesday, oil dropped nearly 4 percent after the Energy Information Administration said U.S. crude inventories added 2.85 million barrels last week, in line with forecasts, despite a fall in imports to their lowest level since 1991.Brent crude futures were down ...
Oil slips on supply glut jitters LONDON: World oil prices slipped Thursday after tanking in the previous session on intensifying worries over global crude oversupply, dealers said.In late afternoon deals in London, Brent North Sea crude for December shed three cents to stand at $48.55 per barrel.US benchmark West Texas Intermediate for delivery in December dipped 33 cents to $45.99 per barrel compared with the previous day's close. "We have seen few signs recently indicating a change of tack in the ...
Oil holds above $50 on Brazil supply worries LONDON: Oil prices held above $50 a barrel on Wednesday following a 3 percent jump a day earlier on the back of Brazilian and Libyan supply worries, a U.S. pipeline outage and a general rally in riskier assets on hopes of more economic stimulus measures.Brent and U.S. futures for December delivery traded little changed by 1025 GMT at $50.59 and $47.93 respectively. Brent ended the last session $1.75, or 3.6 percent, higher while U.S crude ...
Georgia's Jan-Oct Batumi port oil loadings down 11pc TBILISI: Shipments of crude oil and refined oil products from Georgia's Black Sea port of Batumi between January and October were down 11.2 percent from a year earlier, a senior official at the terminal said on Wednesday.Shipments declined in January and February, with the re-routing of some oil shipments to the Baku-Tbilisi Ceyhan pipeline. They rose in March before declining in April, May, June, July, August and again in September.In October, they rose on both ...
LNG glut to dampen European carbon price rises LONDON: A glut of liquefied natural gas (LNG) over the next couple of years is likely to drive down power sector emissions in Europe, cutting demand for carbon permits and keeping a lid on prices, analysts said as they slashed price forecasts. "We think a bearish cloud is on the horizon ... as Europe accommodates the increased global LNG supply by pushing gas into power at the expense of coal," analysts at Energy Aspects said ...


Index Closing Chg%
Arrow DJIA 17,719.92 0.44
Arrow Nasdaq 5,108.67 0.37
Arrow S&P 2,080.41 0.46
Arrow FTSE 6,356.09 0.30
Arrow DAX 11,382.23 0.78
Arrow CAC-40 4,957.60 0.56
Arrow Nikkei 19,747.47 0.69
Arrow H.Seng 21,996.42 0.33
Arrow Sensex 26,145.67 0.07

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 30, 2015
Reserves $19.828 bln