Brent gains as Ukraine tension escalates

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Source: Bloomberg
The European benchmark Brent crude jumped on Friday session paring its weekly fall as the geopolitical tension between the Russian Federation and Ukraine is escalating and as Libya is set to resume crude exports from Zueitina oil field. Brent for delivery in June climbed as much as 41 cents to $108.17 per barrel on the London's ICE Futures Europe exchange.

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Mon, 05 May 2014 09:08:04 GMT

European stock market falls slightly on Monday

European equities show a slight decline during a trading session on Monday, as investors are disappointed with Chinese manufacturing data, which registeted a decrease in activity for the fourth consecutive month. The benchmark regional Stoxx Europe 600 Index drops 0.2% to 337.27 points in the morning in London. Last week, the gauge added 1.3%, despite instability in Ukraine.

Fri, 02 May 2014 11:14:04 GMT

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Factory sector activity in Sweden continued to increase in April, however the pace of growth slightly weakened from the month before, a data published by the Swedbank showed on Friday. According to the data, the nation's manufacturing purchasing managers' index eased from 56.5 points in March to 55.5 in the following month.

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