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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
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Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
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Share Price Information for BP (BP.)

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Share Price: 524.80
Bid: 525.20
Ask: 525.30
Change: -1.50 (-0.29%)
Spread: 0.10 (0.019%)
Open: 529.30
High: 530.70
Low: 522.30
Prev. Close: 526.30
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15 Jan 2014 22:33

Canada crude -Heavy grades hold recent gains on strong demand

* Feb WCS last trades at $19.00/bbl below WTI * Feb synthetic last trades at $1.20/bbl above WTI CALGARY, Alberta, Jan 15 (Reuters) - Canadian heavy crude prices edged higher on Wednesday, helped by stronger demand from refineries in the U.S. Midwest and increased export capacity as A

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15 Jan 2014 17:42

Europe Gasoline/Naphtha-Gasoline cracks fall as US stocks build

LONDON, Jan 15 (Reuters) - Gasoline barge cracks in northwest Europe fell on Wednesday, with a larger-than-expected increase in U.S. stocks of the motor fuel signalling weaker demand for European imports, traders said. "Gasoline is not liking this gasoline build," said one swaps trader. "It i

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15 Jan 2014 12:11

UPDATE: UK BROKER RATING CHANGES: Deutsche Bank Cuts View On Mining Sector

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD'
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MORGAN STANLEY RAISES ASTRAZENE

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15 Jan 2014 11:58

UPDATE 2-Norway cuts oil output target, warns about costs

* Oil, gas output seen stagnating this year * Investment growth coming to a halt * Big increase in Arctic resource estimate By Gwladys Fouche STAVANGER, Norway, Jan 15 (Reuters) - Norway cut it oil and gas production forecasts on Wednesday and warned that rising costs are

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15 Jan 2014 10:24

UK BROKER RATING CHANGES: Deutsche Bank Cuts View On Miners

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD'
----------
MORGAN STANLEY RAISES ASTRAZENE

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15 Jan 2014 09:13

Norway cuts oil output target, raises resource estimate

STAVANGER, Norway, Jan 15 (Reuters) - Norway reduced its 2014 oil production forecast on Wednesday but sharply raised its estimate for undiscovered resources, primarily on more oil and gas in the Arctic Barents Sea, the Norwegian Petroleum Directorate (NPD) said. Norway sees oil and gas pro

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15 Jan 2014 07:40

London pre-open: FTSE to extend Tuesday's gains

- FTSE to open 16 points higher - US markets recover on retail sales data - Quiet day expected with focus on earnings City sources predict the FTSE 100 will open 16 points above yesterday's close of 6,766.86, building on Tuesday's modest rise of 10 points late in the session. Overnight, US market

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14 Jan 2014 23:23

UPDATE 3-Worried Fed seeks to curb Wall Street banks commodity trade

By Anna Louie Sussman and Emily Stephenson NEW YORK/WASHINGTON, Jan 14 (Reuters) - The U.S. Federal Reserve on Tuesday took a first formal step toward restricting the role of Wall Street banks in trading physical commodities, citing fears that a multibillion-dollar disaster could bring dow

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14 Jan 2014 17:25

Europe Gasoline/Naphtha-Gasoline crack slips as demand wanes

LONDON, Jan 14 (Reuters) - Gasoline barge cracks in northwest Europe fell on Tuesday, tracking a decline in U.S. gasoline futures that diminished opportunities for spot exports of the motor fuel while demand remained weak at home. "Gasoline is slowly coming off again. Asia side is more hea

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14 Jan 2014 13:50

RPT-UPDATE 2-U.S. Fed set to push ahead on new commodity trade rules

By Anna Louie Sussman and Emily Stephenson NEW YORK/WASHINGTON, Jan 13 (Reuters) - The U.S. Federal Reserve is set to take its first formal step toward limiting the role of Wall Street banks in physical commodities markets this week by issuing a notice to seek public comment on the topic, s

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14 Jan 2014 01:28

UPDATE 2-U.S. Fed set to push ahead on new commodity trade rules

By Anna Louie Sussman and Emily Stephenson NEW YORK/WASHINGTON, Jan 13 (Reuters) - The U.S. Federal Reserve is set to take its first formal step toward limiting the role of Wall Street banks in physical commodities markets this week by issuing a notice to seek public comment on the topic, s

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13 Jan 2014 11:42

BP faces fresh blow in Gulf of Mexico spill compensation row

Oil giant BP has suffered another setback in its bid to limit compensation payouts for the Gulf of Mexico oil spill after a US court rejected its latest appeal. The group has lost an appeal against what it had argued was the faulty administration of a 2012 compensation settlement for the Deepwater

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13 Jan 2014 11:40

London midday: Markets little changed but banks rise

- Banks rise as Basel eases capital rules - US earnings in focus this week - AMEC offers 1.9bn pounds for Foster Wheeler - US activist investors looking at Morrison, reports say techMARK 2,797.71 -0.15% FTSE 100 6,731.21 -0.13% FTSE 250 16,199.41 +0.05% UK stocks were swinging between gains and lo

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13 Jan 2014 11:39

UPDATE 1-UAE sees keen interest for largest oilfields on revised terms -minister

* ADCO fields producing 1.6 mln bpd, aim to produce 1.8 mln in 2 years -minister * Abu Dhabi mulling bringing in big Asian buyers into ADCO concession * Ruwais refinery expansion to be completed by end-2014 By Nidhi Verma NEW DELHI, Jan 13 (Reuters) - Abu Dhabi has receive

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13 Jan 2014 08:21

London open: Banking stocks buoy markets early on

- Markets still digesting US jobs data - Banks rise as Basel eases leverage-ratio rules - AMEC offers 1.9bn pounds for Foster Wheeler techMARK 2,799.90 -0.07% FTSE 100 6,753.20 +0.20% FTSE 250 16,223.65 +0.20% UK markets opened higher on Monday morning though gains were only slight as investors co

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