Home Tags London

Tag: London

North Sea Crude-Brent Blend diff falls, Forties stable

LONDON: Forties was offered at a discount for prompt loading on Wednesday while cargoes further out were at or above benchmark dated Brent owing...

US crude pares gains, but lingers near 2-year high

BOSTON: Oil pared gains on Wednesday after US crude stockpiles fell less than an industry group’s expectations, but remained near a two-year high as...

Oil Jumps in New York as U.S. Supply Drop Adds to...

© Bloomberg. Oil storage tanks stand at the BP-Husky Toledo Refinery in Oregon, Ohio, U.S., on Monday,...

EMERGING MARKETS-Turkish lira tumbles to record low

LONDON: The Turkish lira hit a record low on Wednesday and local bond yields rose to fresh peaks on political strains and worries about...

U.K. Predicts Worse Growth and More Borrowing as Brexit Looms

© Bloomberg. An anti-Brexit demonstrator waves a Union flag, also known as a Union Jack, with an...

Exclusive: Iraq looks to Kuwait gas pipeline to pay off reparations

© Reuters. Exclusive: Iraq looks to Kuwait gas pipeline to pay off reparations ...

London stocks rise before UK budget; Frankfurt dips on vote gloom

LONDON: The London stock market firmed Wednesday in cautious trade before Britain’s annual budget, but Frankfurt fell on continued political uncertainty in Germany.The British...

Saudis push for nine-month extension of OPEC-led oil cut: sources

© Reuters. OPEC logo is pictured ahead of an informal meeting between members of the Organization of...

U.S. crude extends rally to $58, first time since 2015

© Reuters. FILE PHOTO: The Philadelphia Energy Solutions oil...

Oil jumps, U.S. light crude at two-and-a-half-year high on Canada pipeline...

© Reuters. FILE PHOTO: The Philadelphia Energy Solutions oil...

Buoyant risk appetite pushes euro up for a second day

LONDON: The euro edged higher for a second consecutive day on Wednesday, recouping more than half of its losses sustained after the German coalition...

Whether new dawn or another false one, euro zone economy is...

Whether new dawn or another false one, euro zone economy is full of surprises ...