Oil Price Increases In Asia Trade

August 28, 2009 by  
Filed under Business

6ec34a3fa4trade Oil Price Increases In Asia TradeSINGAPORE: Oil prices were above 72 dollars in Asian trade on Friday following an overnight rally which saw the market buoyed by strong performances on Wall Street and a weakening US dollar, analysts said.

New York’s main futures contract, light sweet crude for October delivery, was up 13 cents to 72.62 dollars a barrel. Brent North Sea crude for delivery in October was unchanged at 72.51 dollars.

“Oil market sentiment benefited from a recovery on US equity markets,” the Commonwealth Bank of Australia said in a report.


Oil Price Increases In Asia Trade was first posted on August 28, 2009 at 4:06 pm.
©2009 “Pakistan News“.

Six Billion Aid Will Given By EU To Pakistan

August 28, 2009 by  
Filed under Business

9fe8ce978ckistan Six Billion Aid Will Given By EU To PakistanBRUSSELS: European Union has inked four agreements with Pakistan to provide Rs 6.32 billion to the country.  Pakistan Secretary for Economic Affairs Farrukh Qayyum and EU official Thomas Nicholson signed the four deals under which the relief amount will be spent over education, development of human resources, rural development and trade affairs.


Six Billion Aid Will Given By EU To Pakistan was first posted on August 28, 2009 at 3:52 pm.
©2009 “Pakistan News“.


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