WTI falls amid weaker production after storm Karen

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/RS
West Texas Intermediate crude slipped on Monday as U.S. policymakers failed to agree on the new debt ceiling and as oil production remained weakened after the Tropical Storm Karen in the Gulf of Mexico. November WTI futures declined by $1.34 and were traded at $102.50 a barrel on the NYMEX and they were at $102.51 by 9:48 a.m. in London.

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Mon, 07 Oct 2013 10:55:05 GMT

Emerging markets drop first time in 5 days

Emerging-market equities dropped on Monday falling for the first time in a five-day period mainly due to a notable decline of energy and telecommunication shares, when the all 10 groups in the gauge slipped. The MSCI Emerging Markets Index fell 0.5% to 1,002.70 as of 4:24 p.m. Hong Kong time and it has lost 4.7% so far this year.

Mon, 07 Oct 2013 10:33:04 GMT

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