Oil higher on resumed refineries

Note: This section contains information in English only.
Source: Bloomberg
On Thursday, oil was traded higher, almost reaching a 3-day high, as New York refineries resumed their operations, underpinning demand for the commodity. On the Comex, December delivery futures for light sweet crude were traded at $86.37 per barrel by 7:51 a.m. London time. Elsewhere, December delivery Brent witnessed a settlement price of $108.76.
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Thu, 01 Nov 2012 10:55:12 GMT

U.K. manufacturing PMI slides in October

British factory activity decreased for a sixth consecutive month in October, Markit Economics said on Thursday. The seasonalized CIPS Purchasing Manager's Index dropped to the three-month lowest level of 47.5, after a downwardly revised reading of 48.1 in September. Economists had forecast a smaller decline to 48.Production volumes slipped for a fourth month, with the rate of decrease the second-fastest

Fri, 02 Nov 2012 09:39:49 GMT

Retail sales in Germany gained more than expected

Destatis reported on Wednesday that Germany's retail sales grew more than expected in September. Retail sales advanced by 1.5% on a seasonally adjusted basis last month, compared to a revised down figure of 0.1% in the preceding month. Economists, however, expected a more moderate increase of 0.3%.

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