Oil declines amid geopolitical progress

Note: This section contains information in English only.
Source: WBP Online
Oil futures fell sharply on Monday, as a deal between Iran and the West could be signed in the next few days and no bailout plan has been signed between Greece and its creditors. New York-traded Crude oil traded 2.5% lower to $51.44 a barrel, while the London-traded Brent Crude lost 2.7% to $57.39 a barrel by 6:50 AM GMT. Analysts estimate that Iran could add 200,000 barrels a day to a surplus of approximately 2.5 million barrels a day. 
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Mon, 13 Jul 2015 07:55:08 GMT

European stocks jump higher on Greek deal

Stock markets across Europe jumped significantly higher, as according to sources a deal between Greece and its creditors has been reached, however, no detailed information on the deal has been released. The Stoxx 600 rose 2.1% to 389 points, the DAX 30 soared 2.9% to 11,316 points, while the FTSE 100 rose 1.4% to 6,673 points. Meanwhile, Spain's IBEX 35

Fri, 10 Jul 2015 11:24:03 GMT

European stock markets rise following Greece proposal

Europe's shares advanced on Friday at the opening after Greece proposed fresh reform proposal. The FTSEurofirst 300 added 1.5% to 1,533.63 points by 07:00 AM GMT, while Euro STOXX 50, representing Euro zone's blue chip companies, rallied 4.2% to 3511.13 points by 8:00 AM GMT. Traders stated to be cautiously optimistic about the possible deal by Sunday.

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