Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:
  • All news
  • Currencies
  • Stocks
  • Commodities



05.07.2012 16:30

Oil fluctuated

 

Crude fluctuated after a U.S. Energy Department report showed that stockpiles dropped and as the dollar rose against the euro on the European Central Bank’s reduction of interest rates to a record low.

Supplies fell 4.27 million barrels to 382.9 million last week, the biggest decrease since December, the report showed. Inventories were forecast to decline 2.3 million barrels, according to a Bloomberg survey. Oil decreased as much as 1.3 percent earlier after ECB President Mario Draghi said economic risks remain after the bank cut rates and the dollar gained.

Crude for August delivery surged to $88.98 earlier, the highest level since May 30. Prices are down 11 percent this year.

Brent oil in London rose as Statoil ASA (STL), Norway’s largest crude producer, prepared to halt output. The Norwegian Oil Industry Association, which represents employers, will ban all members of three labor unions who are covered by offshore pay agreements from midnight on July 9, Statoil said.

The planned lockout of oil workers in Norway will halt the nation’s entire offshore production, which totals about 2 million barrels a day of oil equivalent, Bard Glad Pedersen, a spokesman for Statoil ASA, said by phone today from Oslo.

Brent oil for August settlement advanced $1.60, or 1.6 percent, to $101.37 a barrel on the London-based ICE Futures Europe exchange. It touched $102.34 during the session, the highest level since June 7.


 

05.07.2012 17:25

European stocks close:

Market Focus

  • Donald John Trump will be the 45th president of the United States
  • Britain can't get full single market access with free movement concessions - Merkel
  • China: Trade Balance, bln, October 49.6 (forecast 51.7)
  • New Zealand CPI, 3Q: 0.2% q/q (forecast 0%), 0.2% y/y (forecast 0.1%)
January 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
23
24
25
26
27
28
29
30
31

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Служба технической поддержки:
8-800-200-31-00, support@teletrade-dj.com

  • Онлайн-консультация
  • Заказать звонок
  • Написать письмо
Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page