September 11, 2009
by
Elaine Frei
European equities markets ended higher Friday, with miners up in London.
The FTSE 100 added 0.48 percent to 5,011.47 in London, while the FTSE 250 was up 0.9 percent to 9,207.89.
Aquarius Platinum (LSE: AQP) led a mostly higher mining sector with a gain of 5.19 percent, while gold and silver miner Fresnillo (LSE: FRES) was up 5.07 percent and Lonmin (LSE: LMI) gained 3.24 ...
September 10, 2009
by
Elaine Frei
The price of crude oil was higher after the US Energy Information Administration reported that inventories of crude dropped much more than had been expected last week.
The EIA said that crude oil stockpiles fell by 5.9 million barrels in the week ending 4 September to 337.5 million barrels, but gasoline inventories were up 2.1 million barrels to 207.2 ...
by
Elaine Frei
European equities markets were mixed Thursday as banks saw declines and the retail sector was also mostly lower.
The FTSE 100 was 0.33 percent lower to 4,987.68 in London, while the FTSE 250 fell 0.12 percent to 9,125.71.
Retailers were the biggest losers on both the 100 and the 250, with Sports Direct International (LSE: SPD) down 16.3 percent to ...
September 9, 2009
by
Elaine Frei
The price of crude oil rose again Wednesday ahead of a meeting of the Organization of Petroleum Exporting Countries, which is set to begin after the markets close today and during which the cartel is expected to hold production quotas steady.
October contracts for West Texas Intermediate crude was $1.08 higher to $72.18 per barrel about an hour before ...
by
Elaine Frei
European equities markets were higher Wednesday as the energy sector saw gains following a significant gain in oil prices on Tuesday and banks also were mostly higher.
The FTSE 100 added 1.15 percent to 5,004.3 in London, while the FTSE 250 was up 1.13 percent to 9,137.05.
Oil explorer Cairn Energy (LSE: CNE) added 4.61 percent while BG Group (LSE: BG; ...
September 8, 2009
by
Elaine Frei
Crude oil prices were up the most in a month after the US dollar weakened, making oil cheaper for investors buying with other currencies and ahead of a meeting of the Organization of Petroleum Exporting Countries, set for Vienna, Switzerland tomorrow, where the cartel is expected to hold production quotas at current levels for the time being.
October contracts for West ...
