Procurement And Tender News
Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
|Singapore,Spain : Oil jumps above US$79 after EU deal on Spanish banks|
Publish Date : 30-Jun-2012
Oil jumped above US$79 a barrel Friday in Asia, bouncing off an eight-month low after European leaders agreed to use the continent's bailout fund to funnel money directly to struggling Spanish banks.
Benchmark oil for August delivery was up US$1.60 at US$79.29 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell US$2.52 to settle at US$77.69, the lowest close since October, in New York on Thursday.
In London, Brent crude for August delivery was up US$1.30 at US$92.66 per barrel on the ICE Futures exchange.
Policymakers said at an EU summit early Friday that they would create a unified bank supervisory board and allow a rescue fund to recapitalize Spain's banks without boosting government debt.
|Go to previous page|