Search Results for: Energy
Gaming Firms Flee Poland’s Gambling Tax
March 28th, 2017
UK-based bookmaker William Hill has become the latest company in the gambling sector to withdraw from the Polish market ahead of the introduction of a new regulatory and tax regime for the industry. William Hill has reportedly informed customers ...
Oil futures supported by weaker dollar, but bloated supply still weighs
March 28th, 2017
Oil prices rose on Tuesday, supported by a weak dollar, but crude continued to be weighed down by surging U.S. production and uncertainty over whether an OPEC-led supply cut is big enough to rebalance the market. Prices for front-month ...
ECB published overview of economic and monetary developments
March 25th, 2017
Overview At its monetary policy meeting on 9 March 2017, the Governing Council concluded that a very substantial degree of monetary accommodation is still needed for underlying inflation pressures to build up and support headline inflation in the medium ...
Oil prices recovered on Thursday
March 23rd, 2017
Oil prices recovered on Thursday from losses chalked up the session before, but the market remained under pressure as bloated U.S. crude inventories and rising output dampen OPEC-led efforts to curb global production. Brent crude futures, the international benchmark ...
Oil prices fall on bloated U.S. crude storage
March 22nd, 2017
Oil prices dipped on Wednesday as rising crude stocks in the United States underscored an ongoing global fuel supply overhang despite an OPEC-led effort to cut output. Prices for front-month Brent crude futures, the international benchmark for oil, were ...
Deutsche Bank publishes Annual Report 2016
March 21st, 2017
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today published its 2016 Annual Report. This includes an overview of Deutsche Bank, the Management Report and the bank’s audited consolidated financial statements for the financial year 2016. In addition, the bank ...
Oil drops as U.S. drilling growth
March 21st, 2017
U.S. shale producers boost rig count for ninth straight week Libya’s Es Sider, Ras Lanuf oil ports poised to resume shiping Oil fell as a Libyan port is set to resume shipments and the U.S. drilling revival undermines the ...
IBM Goes Live With First Commercial Blockchains
March 20th, 2017
Tech giant IBM is set to unveil what it’s calling the first “commercial application” of Hyperledger’s open-source Fabric codebase. Previously released in beta and scheduled for official release today, the offering – dubbed “IBM Blockchain” – is formally debuting in front ...
Oil prices drop on rise in U.S. drilling
March 20th, 2017
Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets. Prices for benchmark Brent crude futures were 29 cents, or 0.56 percent, below their last settlement ...
EEX launches Swiss Day Futures with first trades
March 17th, 2017
The European Energy Exchange (EEX) successfully extended its product offering on the power derivatives market by launching Swiss Power Base Day and Weekend Futures on Wednesday. On the first day of trading a total of 5,400 MWh was traded ...
