Brent crude oil prices in 2011 are 150-year highest

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Source: Commodityonline

Brent crude oil prices are likely to average near $111 a barrel this year being the highest during 150 years, reported IHS Cambridge Energy Research Associates. The crude oil price is the highest in the all history of petroleum age in both nominal and inflation-adjusted terms, said Daniel Yergin , IHS CERA chairman. However, global financial difficulties may weight down the oil price, he added.

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Fri, 16 Dec 2011 15:01:26 GMT

Slovakia to issue three new bonds next year

Slovakia plans to issue three new bonds with maturities three, four and five years, said Ardal, the Slovakia's Debt and Liquidity Management Agency. New bond lines can be added in case of investors demand. The country plans to hold bond auctions monthly  and the first auction is due January 23, 2012.

Fri, 16 Dec 2011 14:44:32 GMT

Nickel in surplus of 5,600 tonnes between January and October 2011

Nickel was in surplus between January and October, the surplus achieved 5,600 tonnes, reported International Nickel Study Group. However, between January and September the market experienced deficit of 6,400 tonnes and the surplus appeared only in the last two months. The LME Nickel currently traded at $18,000/tonne, losing 35% over the year.

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