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SINGAPORE, March 19 (Reuters) - Brent crude futures fell towards $55 a barrel on Thursday after a bigger than expected crude stock build in the United States, though losses were limited by a weaker dollar as the Federal Reserve signalled a slower pace of interest rate hikes. Brent crude for May delivery fell 50 cents to $55.41 a barrel by 0439 GMT, after jumping as much as 6 percent in the previous session on the dollar's tumble. U.S. crude for April delivery dropped 90 cents to $43.76 a barrel, after ending the previous session 3 percent higher. "The harsh reality of last night's build in inventory is starting to set in on oil prices," said Ric Spooner, chief market analyst at Sydney's CMC Markets. U.S. crude stocks rose by 9.6 million barrels last week, nearly three times as much as analysts' expectations, data from the Energy Information Administration (EIA) showed on Wednesday.

YouTubers Many of the world’s top YouTubers used to be gamers and eSports often feature heavily on their YouTube channels. This makes them ideal marketing channels for both Gfinity’s events and its website. Top YouTubers KSI (brother of Deji) and Ali-A are both contracted to work for Gfinity on a monthly retainer in return for a series of videos plus some personal appearances at events and mentions on social media. There is also a more informal relationship with PewDiePie who has strong contacts within the business and put his name to a Cup event held by Gfinity in September 2014.

Revenue model To date the company’s focus has been on building its reputation, establishing industry relationships, raising its profile within the gaming community and demonstrating its ability to host top-class events. Through 2015 the emphasis will remain on developing the brand and reputation for delivering high-quality events. We believe this will give Gfinity the potential to generate significant revenues from the following principal Sources. Sponsorship/advertising – Conventional sponsors are likely to be those targeting the 18 to 34 male demographic and could include mobile operators, electronics companies (Samsung already participates in eSports), energy drinks, men’s clothing (e.g. SuperDry) and men’s grooming (e.g. Lynx). In-industry sponsors could include game publishers such as Riot, console manufacturers, accessories e.g. headphones and components (e.g. microchips from Intel). Sponsors usually help with prize money for events and then share cpm advertising revenues with Gfinity. Offline revenues are also available by charging entry to events and there is significant potential for merchandising deals. Broadcast – With 8.7 million watching the recent G3 event there is huge potential to either sell rights to TV production companies outright or share in pay-per-view revenues. As the content owner, Gfinity can monetise that content through deals with the likes of Sky and Virgin and any amount of internet based distributors making the whole globe available to monetise those content rights. Subscription – Likely to follow behind sponsorship/advertising and broadcast rights as a revenue source but clear opportunities to monetise social content and other aspects of one of the leading industry websites. In general, gamers have a greater acceptance than average internet users for paying for the content they consume.

JAKARTA, March 18 (Reuters) - Indonesia's state-owned Pertamina, Royal Dutch Shell, and Malaysia's Petronas were among the companies awarded Indonesian oil and gas blocks in its latest offering of exploration concessions, government officials said on Wednesday. In the tender round, Indonesia offered 13 conventional and three unconventional oil and gas blocks. It was not yet clear which blocks were awarded to the three major oil firms. (Reporting by Wilda Asmarini; Editing by Tom Hogue)

Finance Minister George Osborne signaled tax relief for industry in Weds budget, but no details ** Analysts weighing scenario of cut to supplementary charge (SC) on oil producers' profits to pre-2011 budget level of 20 pct vs 30 pct now ** Peel Hunt identifies following UK-listed E&Ps as SC-cut beneficiaries: Faroe Petroleum, Tullow Oil, EnQuest, Cairn Energy, Premier Oil, Parkmead Group, Hurricane Energy & Xcite Energy

Oil futures were sharply down just before the Fed announcement, as the official weekly oil report from the Energy Information Administration showed crude stockpiles to have risen much more than expected last week, for a tenth straight week. The Federal Reserve on Wednesday backed away from its pledge to be "patient," a strong signal that the central bank will hike interest rates in July or September. The move to remove the "patient" phrase came despite concerns about the rapid rise in the US dollar, which touched 12-year highs against the euro earlier this week. Nonetheless, Fed Chair Janet Yellen said the central bank is not 'impatient' to raise rates and has not decided on the timing of the first rate hike. Today's vote was unanimous, keeping interest rates at zero, where they have been since December 2008. The Fed said a rate hike in April is unlikely and a slight downgrade in the economic outlook means a June rate hike may now be off the table. Earlier today, a weekly report from the US Energy Information Administration showed US crude oil inventories to have surged 9.6 million barrels in the week ended March 13, while analysts expected an increase of 3.7 million barrels. The report showed US crude oil inventories at 458.5 million barrels end last week, the most in over 80 years. Stockpiles have been climbing every week since the week ended January 9. Data also showed stockpiles at the storage and trading hub in Cushing, Oklahoma to have increased about 2.9 million barrels last week.

To my knowledge; the only Broker Note is from the House Broker at this moment in time.

Latest figures from the CML show that house purchase lending remains subdued, with lending to first-time buyers (FTBs) and homemovers seeing a significant downturn in January. Just 41,400 house purchase loans were advanced in the month, down 26% on a monthly basis and a drop of 16% year-on-year. Lending to FTBs experienced the sharpest dip - the number of loans advanced (19,000) fell by 27% from December and was 14% lower than January 2014, while the value of those loans (£2.8bn) posted a drop of 26% on a monthly basis and 10% year-on-year. Homemovers were advanced 22,400 loans (down 24% from December and 17% from January 2014) at a value of £4.2bn, a drop of 24% monthly and 14% down on an annual basis. Despite January traditionally seeing a lull in lending activity, such a dramatic drop wasn't anticipated, suggesting that affordability constraints as well as seasonal factors are having an impact. However, "we are still projecting lending to pick up over the next few months", said Paul Smee of the CML. Despite house purchase lending experiencing a significant dip, the figures revealed that other sectors of the market saw improvements: remortgage lending activity increased on a monthly basis, totalling 25,600 loans at £4.1bn (up 15% and 21% respectively), while advances of buy-to-let mortgages (18,200) increased by 6% from December and were 12% higher than January 2014. This has arguably been driven by a reduction in rates, which could have motivated homeowners to reconsider their options.

Development Securities PLC Wednesday said it has bought its partner, McLaren Property, out of the joint venture that owns the Circus Street regeneration project in Brighton for GBP4.0 million. The two companies each had a 50% stake in the joint venture.

Oil and gas outfit BG Group has announced first oil from its part-owned Knarr field in the North Sea offshore Norway. Knarr, operated and 45%-owned by the FTSE 100 group, is estimated to contain around 80m barrels of oil equivalent and have a production life of at least 10 years

Rents rise in February but fewer tenants fall behind on payments: The number of rents in arrears decreased in February despite a hike in rents, according to new fig­ures out, in a sign that households are slightly better off.

OneSavings doubles profits after flotation: Challenger bank OneSavings more than doubled its profits last year, reporting strong buy-to-let and small business lending.

Oil explorers face funding issues as value slides: Scotland’s energy exploration minnows may have to resort to specialist investors for funding due to badly dented stock market valuations amid the oil price slump, a new report says

The U.K. homes earning more money than their owners: Homes have “earned” more money than their owners in almost a fifth of the U.K., as the housing market recovery has taken off.

BP clashes with U.S. scientists over Gulf of Mexico oil claims: BP is locked in a bitter row with environmental agencies in the U.S. over its claims that the Gulf of Mexico is recovering from the 2010 Deepwater Horizon oil spill.

Just Eat’s beat: The finance guy doth protest too much in claiming Just Eat has “a core focus on being incredibly boring”. Mike Wroe knows the online takeaways group is one of the most exciting companies to list recently. Maiden full year numbers confirmed that reputation. Earnings before interest, tax and whatevah beat estimates, almost doubling to £45.9 million. The forward earnings ratio for the company, which charges takeaway Owners 12% commission on orders placed via its website, is about 70 times. To justify that, Just Eat needs to increase profits four times faster than the average listed company. Just Eat reckons Britons gobble takeaways worth some £8 billion yearly. That compares with its sales of £157 million. But “addressable market” estimates are imprecise and include revenue that is forever beyond reach. In Denmark, where more than 50% of takeaways are ordered online, against 30% in the U.K., Just Eat’s growth shows signs of stalling.

Fridman wise to flunk fight with ‘dangerous’ Davey: Pugnacious Mikhail Fridman may duck a punch-up with Ed Davey, a Minister who does not even scare British energy Bosses much. The Lib Dem objected to the Russian buying 12 North Sea gasfields. The oligarch, who once risked a fight with the Kremlin, may drop a plan for legal action. He would meekly sell instead. The row tells us two things. First, Russian businessmen cannot dissociate themselves from their government’s military adventurism. The non-political Mr Fridman is not the subject of western sanctions. But one day he might be, which could diminish gas flow from the North Sea. That was enough to make him persona non grata with Mr Davey, whose strings are tugged by more powerful men. Second, an English lord adds class to the board, but not much clout. Lord Browne, who built up BP through takeovers in the nineties and noughties, is Executive Chairman of LetterOne, Mr Fridman’s $29 billion acquisitions vehicle. No British oilman is better connected. Even he could not square the government. Lesser nabobs must thus play a decorative function on the boards of companies such as Roman Abramovich’s Evraz. However, the last U.K. government believed a 2002 law allowed it to block takeovers threatening energy security. Mr Davey probably believes the same thing. Lord Browne’s main utility may have been in telling Mr Fridman this was a battle he could not win.

Emirates National Oil moves to buy out Dragon Oil shareholders: The majority Owner of Dragon Oil, the cash-rich explorer with production assets off Turkmenistan, is seeking to buy out the other shareholders with an approach that values the group’s equity at about $4 billion.

Swiss franc losses might never be repaid, says IG: Customers of IG Group left nursing millions in losses after turmoil hit trading in the Swiss franc in January are unlikely to be able to make good on their debts, the online trading group warned investors.

Mirror shares make splash as Express interest is confirmed: Shares in Trinity Mirror rose after the newspaper group confirmed that it was considering whether to buy the Daily Express from Richard Desmond’s Northern & Shell group in a move that could increase the turnover of the Daily Mirror Owner by a quarter