Oil reaches seventh weekly lows due to surplus in supply

Note: This section contains information in English only.
Source: Reuters
On Friday, Oil prices slides for seventh week's decline, since major producers is not going to curb the output despite the excess of global supply. Therefore, Brent and US Crude futures reached their deeps since 2009 and declined more than 50% from June. Meanwhile, Brent crude advanced 9 cents to $51.05 per barrel while US crude added 29 cents traded at $49.08.
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Fri, 09 Jan 2015 15:16:17 GMT

European shares continue decrease since ECB considering QE Models

European shares continue to decrease since the European Central Bank announced intentions for purchasing around 500 billion euros from investment-grade assets. The Stoxx 600 index diminished 0.2% to traded at 341.67 level. ECB staff announced to policy makers different quantitative-easing programs, comprising purchasing only AAA-rated debt or BBB-rated bonds.

Fri, 09 Jan 2015 14:48:04 GMT

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