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Brent steady at $114 on caution ahead of ECB meeting, growth woes

Investors scale down expectations from ECB meeting; Weak US manufacturing data adds to jitters

September 5, 2012 10:08

Gulf markets mixed as investors await catalyst; Egypt extends gains

Gulf markets were mixed on Monday as investors adjusted positions after recent gains and retail investors continue to increase risk despite a general lack of catalyst in regional markets, while Egypt's bourse hit a 14-month high.

September 4, 2012 11:20

Egypt sells 2.5 billion Egyptian pounds of bonds

Egypt's central bank sold 2.5 billion Egyptian pounds ($409.65 million) of reopened five and seven-year bonds on Monday, the Ministry of Finance said.

September 4, 2012 10:50

Oil higher on stimulus hopes, Iran tensions

Hope for stimulus measures bolsters oil prices; U.S. Navy fires on fishing boat off UAE; Weak U.S. retail sales data limits U.S. crude rise

July 17, 2012 11:14

Saudi drops to 3-week low; Emaar lifts Dubai

Shares in Zain Saudi slumped to a record low on Monday amid a slow initial take-up of its rights issue, while Saudi Arabia's index fell to a near three-week low. But Emaar Properties lifted Dubai's bourse.

July 17, 2012 10:17

Brent stays above $102 on China stimulus hopes

Asia shares extend rally as China growth within expectations; Bernanke's semi-annual monetary policy report key this week; Brent to retrace to $101.26 –technicals; Coming Up: U.S. retail sales mm June

July 16, 2012 10:26

Oil down on IEA global growth view, awaits China data

U.S. new jobless claims fall to 4-year low; China Q2 GDP due Friday, lower growth forecast; U.S. Fed to act on stimulus if economy worsens

July 13, 2012 8:38

Brent slips below $99 on weak china data, Norway strike halt

China June crude imports down 15 pct on year; Norway govt halts strike, prevent full output shutdown; Coming Up: API weekly petroleum data

July 10, 2012 12:19

Turkish markets underpinned by growth data, CPI eyed

Lira off lows after data shows Q1 growth slowdown; Bonds also off lows after data; Trading thin a day ahead of key inflation numbers

July 2, 2012 3:44

U.S. crude rebounds on fed, Greece optimism

U.S. crude futures rebounded on Tuesday as investors bet that Federal Reserve policymakers, who are holding a two-day meeting, will agree to provide further stimulus to the sluggish economy and that inventory data will show a crude stock draw.

June 20, 2012 3:00

Egypt sells reopened bonds worth 2.5 billion Egyptian pounds

Egypt's central bank sold 2.5 billion Egyptian pounds ($414.24 million) in five and seven-year bonds on Monday, the same amount it had initially sought, the finance ministry said.

June 12, 2012 11:14

Crude oil rises $2 on Spain rescue, Iran

UN nuclear watchdog, Iran fail to reach deal on probe; Eurozone agrees to lend Spain up to 100 billion euros

June 11, 2012 10:22

Brent crude rises above $99 on US data, eyes ECB

US crude stocks fall 1.765 mln bbls last week-API; US services sector data also supports; Two US Fed officials cool to more monetary easing

June 6, 2012 12:03

US crude little changed after stock build in APIS

NYMEX crude for July delivery traded at $84.24 a barrel, up 26 cents, by 4:36 p.m. EDT (2036 GMT). Before release of the data from the American Petroleum Institute, it was trading at $84.25.

June 6, 2012 11:57

US crude up over $1, post-settle, on Wall Street, euro

U.S. crude oil futures extended gains on Monday, aided by rising prices on Wall Street, where the Dow and the S&P 500 turned higher and as the euro rallied on hopes that European authorities can contain the euro debt crisis.

June 5, 2012 11:19