07/01/2015
Price Of Brent Crude Oil Drops Below $50
The price of Brent crude oil has dropped below $50 (£33) a barrel for the first time since May 2009.
It fell to $49.99 a barrel this morning, however it rose back above $50.
Nobuyuki Nakahara, a former oil executive and ex-member of the Bank of Japan's policy board, told Reuters he also expected further price falls.
He explained: "Oil prices are likely to keep falling due to slower Chinese growth and because the years of prices above $100 before the recent plunge were 'abnormal' historically."
(CD/JP)
It fell to $49.99 a barrel this morning, however it rose back above $50.
Nobuyuki Nakahara, a former oil executive and ex-member of the Bank of Japan's policy board, told Reuters he also expected further price falls.
He explained: "Oil prices are likely to keep falling due to slower Chinese growth and because the years of prices above $100 before the recent plunge were 'abnormal' historically."
(CD/JP)
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15 November 2013
Green Light For £4bn Investment In 140m Barrel Oil Field Development
EnQuest, the largest UK independent oil company in the UK North Sea, has given its go-ahead for a £4bn investment in the 140m barrel oil field Kraken development.
Green Light For £4bn Investment In 140m Barrel Oil Field Development
EnQuest, the largest UK independent oil company in the UK North Sea, has given its go-ahead for a £4bn investment in the 140m barrel oil field Kraken development.
05 August 2011
E.ON Increase Prices
E.ON has today announced that it will increase its prices by 11.4% for electricity and 18.1% for gas, with dual fuel customers seeing a rise of 15.2%, effective from 13th September.
E.ON Increase Prices
E.ON has today announced that it will increase its prices by 11.4% for electricity and 18.1% for gas, with dual fuel customers seeing a rise of 15.2%, effective from 13th September.
13 August 2007
House Prices Rise By 12% In June
UK annual house price inflation in June 2007 was 12.1%, up from 10.8% in May 2007. Annual house price inflation in London was 17.5% in June, up from 14.3% in May. The UK annual house price inflation rate for the 3 months to June was 11.3% and 15.1% in London. The UK house price inflation rate rose from 10.8% in May 2007 to 12.1% in June 2007.
House Prices Rise By 12% In June
UK annual house price inflation in June 2007 was 12.1%, up from 10.8% in May 2007. Annual house price inflation in London was 17.5% in June, up from 14.3% in May. The UK annual house price inflation rate for the 3 months to June was 11.3% and 15.1% in London. The UK house price inflation rate rose from 10.8% in May 2007 to 12.1% in June 2007.
01 September 2005
Fall in house prices reported
House prices fell by 0.2% in August, according to the latest figures from the Nationwide. The building society said that the rate of annual house price growth had fallen to 2.3%; it’s lowest level in nine years.
Fall in house prices reported
House prices fell by 0.2% in August, according to the latest figures from the Nationwide. The building society said that the rate of annual house price growth had fallen to 2.3%; it’s lowest level in nine years.
27 October 2009
BP Profits Cut By Half
One of the world's largest oil companies, BP has reported a huge drop in profits. While the 2009 third quarter profits are still more than £3bn, the figure is down a startling 50% on the same period last year.
BP Profits Cut By Half
One of the world's largest oil companies, BP has reported a huge drop in profits. While the 2009 third quarter profits are still more than £3bn, the figure is down a startling 50% on the same period last year.
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Northern Ireland WeatherToday:Low cloud, mist or fog at first will clear through the morning to leave a dry day with some prolonged sunny spells through the afternoon. Maximum temperature 21 °C.Tonight:Dry with clear spells for most places through the evening and overnight will allow the odd mist or fog patch to form. Coastal low cloud spreads into northern counties. Minimum temperature 9 °C.