Search Results for: BP
Oil prices soar on global producer deal to cut crude output
December 12th, 2016
Oil prices shot to their highest levels since mid-2015 on Monday after OPEC and other producers reached their first deal since 2001 to jointly reduce output in order to rein in oversupply and prop up markets. Brent crude, the ...
LCH clears over $1 trillion in inflation swaps notional
December 9th, 2016
Over $1 trillion in inflation swaps since the service launched in April 2015 43 members, 47 clients and 12 clearing brokers live and clearing GBP, EUR and USD inflation swaps Significant uptick since introduction of bilateral margin rules, in ...
Friday, December 09: OSB G10 Currency Pairs Cheat Sheet & Key Levels
December 9th, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for December 09. EURUSD Open 1.0752, High 1.0861, Low 1.0597, Close 1.0612, -1.31% Change. GBPUSD Open 1.2624 High 1.2704 … View table below
Crude imports by China will probably slow by more than 60 percent in 2017
December 8th, 2016
China demand growth seen slowing as space for stockpiles fills Asia’s biggest buyer also seen reining in private refiners One of the biggest engines soaking up the world’s oil is starting to sputter. Growth in crude imports by China, the second ...
Oil price heads to $55 despite expected output rise
December 6th, 2016
Russia and Saudi Arabia predicted to increase exports before agreed cuts start in January The oil price is powering on, adding to a 14 per cent advance since the middle of last week following the landmark deal from Opec ...
Bitcoin Prices Surge Past $770 But Fall Just Short of 2016 High
December 5th, 2016
Bitcoin prices neared $780 during the week through 2nd December, coming within 1% of the 2016 high of $781.31 reached in June. The digital currency rose to a high of $778.14 amid sustained support. Prices remained above $700 all ...
Andorra to renounce banking secrecy as it sheds tax haven status
December 2nd, 2016
Pyrenees principality approves automatic sharing of information on accounts held by non-residents from EU countries Andorran lawmakers have agreed to end banking secrecy in the Pyrenees mountains principality, approving automatic sharing of information on accounts held by non-residents. The ...
Oil price rally likely short-lived as OPEC deal not enough to reduce glut
December 2nd, 2016
The oil price rally sparked by an OPEC-Russia deal to cut output is likely to be short-lived, say traders in Asia, because the agreement may only draw more supplies from storage tanks and more crude shipments from the United ...
The Pound to Euro Exchange Rate in Sudden Reversal as US Dollar Slides
December 2nd, 2016
GBP/EUR has given back all the gains it made on a day which saw it surge by 1% against the Dollar and Euro at one stage. Indeed, a strong start to the new month saw GBP/EUR breach the 1.18 ...
Friday, December 02: OSB G10 Currency Pairs Cheat Sheet & Key Levels
December 2nd, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for December 02. EURUSD Open 1.0600, High 1.0700, Low 1.0600, Close 1.0700, 0.67% Change. GBPUSD Open 1.2500 High 1.2700 … View table below
