Tags: london
Oil Inches Up Friday to 2 1/2 Year Closing High
February 25th, 2011
in econ_news
Econintersect: After Thursday's big swings, oil trading Friday was much more subdued but still managed to close with gains. In New York, WTI (West Texas Intermediate) closed at $96.98, up $1.20 (+1.3%). In London Brent crude closed up $0.84 (or +0.6%… more »
Oil Surges and then Falls Back
February 24th, 2011
in econ_news
Econintersect: For the second day in a row oil was up strongly early in the day and then fell back to finish trading. In New York the April NYMEX crude futures contract surged ahead by more than 6% to $103.41 a barrel and then declined in the afternoo… more »
European Stocks have Another Weak Day
February 24th, 2011
in econ_news
Econintersect: Seven of the major European bourses closed lower Thursday (February 24) and thee higher, although Madrid was so close to unchanged (+0.03%) that it is a strecth to say it was higher. The two that were clearly up were the Nordic markets: … more »
European, U.S. Stocks Continue Lower
February 23rd, 2011
in econ_news
Econintersect: Two European bourses advanced Wednesday, if you can call a gain of 0.004% in Geneva and 0.09% in Oslo significant advances. Otherwise, the eight other major markets in Europe experienced losses from 0.9% (Brussels) to 1.7% (Frankfurt).Th… more »
Oil Continues to Rise
February 23rd, 2011
in econ_news
Econintersect: Oil prices continued to rise today (February 23) as uncertainty about turmoil in Libya and potential overflow into other oil producing countries continued. In London, Brent crude is trading at $109.62, up 3.6% on the day. The U.S. bench… more »
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