Crude oil fluctuates on OPEC meeting

Note: This section contains information in English only.
Source: Forexpros

On Thursday, prices for crude oil were fluctuating during the U.S. morning trading session, amid speculation whether OPEC will increase or maintain the same output levels. On the NYMEX, July delivery futures for light sweet crude oil were fluctuating between USD83.20 and USD81.11, and consolidated at USD82.67, per barrel gaining 0.07% in the U.S. morning trade.


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Thu, 14 Jun 2012 19:15:45 GMT

U.K.'s shares decline as concerns grow around the European crisis

As the Spanish credit rating was cut by Moody's and Italian debt costs increased during a bond auction, U.K.'s stocks dropped on Thursday with continuous concerns around the European crisis. In the morning trade the FTSE 100 index declined 0.7%, Fresnillo PLC dropped 2.2%, BHP Billiton PLC plummeted 1.9% and Xstrata PLC tumbled 3.2%. The BSkyB was hit the strongest with a flop of 6.8%.

Thu, 14 Jun 2012 18:09:53 GMT

DAX moves down after another Spanish downgrade

German DAX index followed the overall trend in European stock market and traded lower. Spanish 10-year yields hit critical 7% mark while Italian borrowing costs soared during auction. Investors also priced in Spanish downgrade by Moody's and Egan-Jones. Moreover uncertainty appeared over Greek neighbour country Cyprus. Car makers who depend on economic growth experienced another weak session. Daimler AG fell

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