UAE will stock 6 million barrels of oil in one compartment of Mangalore facility. Of this, 0.5 million tonnes will belong to India and it can use it in ... Read More
Kuwait Petroleum International (KPI) said on Saturday oil prices could reach a range of $50 to $60 a barrel by mid-2017, the official state news agency and Reuters reported. ... Read More
European stocks kicked the week off on an upbeat note, taking their cue from a strong session in Asia, despite the release of disappointing Chinese and Japanese data. At ... Read More
Crude prices jumped today as renewed chatter about a possible production cut deal swirled around oil markets. Brent crude, the global benchmark, jumped four per cent to $31.26 per barrel. ... Read More
Employers’ organisation reduces forecast for GDP increases in 2016 and 2017 to 2.3% and 2.1% respectively Britain’s leading employers’ organisation, the Confederation of British Industry, has warned that the ... Read More
Societe Generale has issued a report to inform on Quarterly financial results. 2015: CONTINUED GROWTH – Substantial growth in net banking income: +8.8% vs. 2014, driven by the commercial ... Read More
Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes (t), according to the World Gold Council’s latest Gold Demand Trends report. Despite a challenging start ... Read More
Deutsche Bank fuelled Germany’s rise to the status of economic powerhouse, financing its industry in the 19th century and helping the country’s economy to rise again from the rubble of ... Read More
Oil prices slid on Thursday as record U.S. crude inventories at the Cushing delivery point and worries about a global economic slowdown weighed on markets, and Goldman Sachs said ... Read More
Pioneer in online foreign exchange trading set to launch service in the second quarter Will operate as ForeignExchange.com Offers alternative to high bank fees and will serve retail and ... Read More
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