Tag : stability

Oil price down cycle ‘nearing end’: Saudi minister

International Finance DeskOctober 26, 2016

by International Finance DeskOctober 26, 2016

“Market fundamentals, in terms of supply and demand, have begun to improve” IFM Correspondent October 26, 2016: Speaking at the World Energy Congress in Istanbul, Turkey, Saudi Arabia’s Energy Minister Khalid al-Falih said that as market fundamentals improve, the current down cycle of crude prices is close to an end. Oil prices are currently hovering...

Economy

Euro area unemployment rate stabilises, but still high

International Finance DeskMay 6, 2014

by International Finance DeskMay 6, 2014

European Commission says region on path to recovery even as it launches plan to prepare for future, reports Team IFM Brussels, May 6: Unemployment rate in the euro region, though still high, is stabilising on the back of a gradual economic recovery, fresh data released last week said, even as the authorities announced on Monday...