oil above 85 as equities recover
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Oil above $85 as equities recover

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Oil above $85 as equities recover

Singapore - Arabstoday

Oil prices hovered above $85 (Dh 312.31) a barrel on Monday in Asia as stock markets regained their footing after wild swings last week amid concerns about a slowing US economy and worsening European debt crisis. Benchmark oil for September delivery was up 7 cents to $85.45 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. Crude fell 34 cents to settle at $85.38 on Thursday. In London, Brent crude for October delivery was up 12 cents to $107.88 per barrel on the ICE Futures exchange. Crude has risen from below $76 last week after falling from $100 last month as investors try to anticipate how much economic growth may slow in the US and Europe in the second half. Article continues below Oil was buoyed yesterday by a jump in Asian stock markets. Traders often look to equities as a barometer of overall investor sentiment. "The market has begun to price in a less apocalyptic macroeconomic scenario," Barclays Capital said in a report. It expects Brent oil to rise to $130 a barrel over the next 12 months even with potentially slower economic recoveries in the developed countries. Barclays said it left unchanged its forecast that Brent will average $110 in the third quarter of this year.  

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

oil above 85 as equities recover oil above 85 as equities recover

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

oil above 85 as equities recover oil above 85 as equities recover

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 09:45 2018 Friday ,19 January

Syria threatens to 'destroy' Turkish warplanes

GMT 17:41 2011 Thursday ,12 May

Scottish football, Celtic win

GMT 10:35 2011 Tuesday ,07 June

Saudi house backs women voting right in 2015

GMT 17:11 2017 Thursday ,12 January

Spanish King Felipe VI arriving on 3-day

GMT 08:08 2015 Monday ,23 February

White and silver, lots of beads

GMT 23:56 2015 Sunday ,30 August

Etisalat Award dates revised to September 15

GMT 21:50 2013 Saturday ,28 September

Venturi aims for EV speed record

GMT 17:23 2017 Friday ,21 April

Raja’s footballer happy for returning to pitch

GMT 05:12 2016 Wednesday ,28 December

UAE markets to remain closed on Sunday, January 1
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday