Oil prices near $59 amid drop of US drilling rigs

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Source: Reuters
Brent oil surged to near $59 a barrel on April 13 amid the drop in the number of drilling rigs in the US that balanced the fall in Chinese import of oil. Brent oil futures added 93 cents to $58.80 a barrel, while the US crude inched higher $1.10 to $52.54 a barrel. Analysts claimed that oil prices were fluctuating on bearish data from China, where import shrank 5.2% in February. 
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Mon, 13 Apr 2015 21:21:03 GMT

European stocks extend gains; Spanish equity at five-year high

European stocks advanced the for a fifth day, while Spanish shares reached their strongest level since January 2010. The Stoxx 600 Index rose 0.2% to 413.63 at the end of the London trading session, after adding 0.3% earlier. The IBEX 35 Index rallied 1%, which is one of the largest changes within the western-European countries.

Thu, 09 Apr 2015 08:02:06 GMT

BoJ Governor expects Japanese economic recovery due to strong stimulus

Bank of Japan Governor Haruhiko Kuroda said on Wednesday that the Japanese economy has considerably improved compared to the previous year, when the Central Bank was forced to inject record monetary stimulus. Meanwhile, eight board members of the BoJ voted in favour of continuation of the current measures except one, Takahide Kiuchi, a general opponent of Kuroda's easing programme.

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