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Daily Market Update, Tuesday, October 19, 2010
Oil was down on Tuesday, due to strength dollar, comparing to yesterday’s gain when it climbed 2.25%, the biggest percentage gain in two weeks. At 10:34 GMT, U.S. crude for November dropped $0.53 arriving at $82.55 per barrel, while ICE Brent for December decreased at $83.76 per barrel.
read more... 20/10/2010
Iberdrola's net profit is expected to be lower than last year
Spain's biggest power utility, Iberdrola , is getting ready to register its firsts huge earnings during the actual season on Wednesday, thanks to its strength development in its renewable business and important positions in Latin America energy market.
read more... 20/10/2010
Poland insure itself against future gas supply disruptions during the coming winter
Russia and Poland have agreed a new gas supply deal, in order to diminish the worries concerning eventual gas cuts to Europe during the coming winter.
read more... 19/10/2010
Statoil is ready to sell 40% in Statoil Fuel & Retail
Statoil, Norwegian oil firm, expects the initial public offering to increase, the value of its filling stations unit, by $725 million, above the values sated before.
read more... 19/10/2010
Enel Green Power would be attractive only if priced at the lower end of the range
Enel's business concerning the listing of its green power utility might be considered attractive, as a long term investment, only if traded with prices at the lower end of the range.
read more... 19/10/2010