European shares rise due to increase of bankers and insurers

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Source: Bloomberg
European stocks increased on Friday rising for the third successive day and were set to advance the most in a week since April mainly due to a notable gain of ING Groep NV and Banca Monte dei  Paschi di Siena SpA. The benchmark index Stoxx Europe 600 Index surged 0.5% to 321.11 as of 4:38 p.m. London time and it added 3.7% this week on Fed's decision to trim its stimulus.

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Mon, 23 Dec 2013 07:40:03 GMT

Gap between WTI and Brent may narrow in 2014

The European benchmark Brent crude increased on Friday widening the gap between the West Texas Intermediate crude and the Brent, however the report showed that the price difference is forecast to shrink next year as the U.S. exports are expected to reach a record level. Brent traded at a level of $111.25 a barrel on today's session in London, $12.26

Mon, 23 Dec 2013 07:18:03 GMT

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