Arab Today, arab today oil prices rise before ecb rate call
Last Updated : GMT 21:46:51
Arab Today, arab today
Arab Today, arab today

Oil prices rise before ECB rate call

Arab Today, arab today

Arab Today, arab today Oil prices rise before ECB rate call

London - AFP

Crude oil prices rose on Thursday, supported by expectations of a cut to eurozone interest rates by the European Central Bank, ahead of a crucial EU summit on the debt crisis. New York\'s main contract, light sweet crude for delivery in January, climbed 52 cents to $101.01 a barrel. Brent North Sea crude for January gained 83 cents to $110.36 in London midday deals. \"Expectations of an ECB rate cut of 25-50 basis points are underpinning the gains\" for crude oil, said Sucden Financial Research analyst Jack Pollard. \"The potential for downside, however, remains significant and it seems that, in the absence of any material European (summit) developments, crude prices will hold in a narrow range before tomorrow. Investors are concerned that a two-day summit beginning on Thursday to save the eurozone may fail to deliver a knockout blow to the region\'s sovereign debt crisis. The ECB was meanwhile widely expected to cut its key interest rate at its meeting on Thursday, in view of a looming economic downturn, and markets were waiting to see what other action the central bank takes to shore up the euro.  

arabstoday
arabstoday

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*

Arab Today, arab today oil prices rise before ecb rate call Arab Today, arab today oil prices rise before ecb rate call

 



Arab Today, arab today

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*

Arab Today, arab today oil prices rise before ecb rate call Arab Today, arab today oil prices rise before ecb rate call

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday