Monday 1 September 2014
Energy prices

Energy helps keep euro zone inflation at 3pc

Energy prices helped keep euro zone annual inflation at 3 per cent in November, data showed on Thursday, but prices for other goods were unchanged on the month, suggesting the European Central Bank could cut interest rates again. Consumer


Rising energy prices ‘setback for growth’

The outlook for global growth is deteriorating, partly as a consequence of rising food and energy prices, and risk appetite has suffered as a consequence, said an expert. Carnage in currency and bond markets spilled over to equities and co


Oil will slip in H2 on debt fears says poll

Brent oil prices will soften in the second half of this year to around $110 a barrel on worries that government debt problems and sluggish growth will cap demand, which is already dented by high energy prices, a Reuters poll showed. The ma


Egypt ups energy prices for low-use industries

Egypt has raised energy prices for non energy-intensive industries as part of its plan to gradually eliminate subsidies to all industries, a statement by the trade ministry said. Non-energy intensive industries, which account for 97 per ce

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