China raises gasoline prices

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Source: Bloomberg
China, the second largest oil consumer in the world after US raised diesel and gasoline prices, second time in less than two months as crude rallied in February. Prices will be increased by CNY 600 (USD 95) per metric ton from today. Refiners are going to charge 7.8% more for diesel and 7% more for gasoline. Oil provider shares declined on the decision. 
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Tue, 20 Mar 2012 07:38:50 GMT

Euro Zone's current account surplus widened to 4.5 billion Euros in January

The current account surplus of the Euro Zone widened more than initially expected in January, reported the ECB. The Euro Zone's current account surplus widened to 4.5 billion Euros on a seasonally adjusted basis in January as compared to 3.4 billion Euros in December. Experts predicted the indicator to approach 4.3 billion Euros in January.

Mon, 19 Mar 2012 19:30:39 GMT

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