Energy Update
April 26 (Reuters) - Britain's energy market regulator Ofgem
said on Tuesday it had ordered energy supplier ScottishPower to
pay a fine of 18 million pounds ($26 million) for customer
service failings.
LAUNCESTON, Australia, April 26 (Reuters) - Australia and
Russia could emerge the relative winners if China does restrict
imports of North Korean coal, as it has pledged to do.
LAUNCESTON, Australia, April 26 (Reuters) - Australia and
Russia could emerge the relative winners if China does restrict
imports of North Korean coal, as it has pledged to do.
LONDON, April 26 (Reuters) - British oil major BP on
Tuesday reported an 80 percent year on year fall in core
earnings for the first quarter, when oil prices touched a near
13-year low, but the result was better than analysts had
expected.
JAKARTA, April 26 (Reuters) - Most Southeast Asian stock
markets fell for a second day on Tuesday, led by Indonesia, as
cautious investors adopted a wait and watch approach ahead of
central bank meetings in the United States and Japan later this
week.
Indonesia's Jakarta Composite Index was down 1.5
percent to a near two-week low at 0538 GMT, led by financial
stocks, while poor earning expectations dragged large caps
lower.
LONDON, April 26 (Reuters) - As Russia was descending into
financial crisis, some of its most influential oil and stocks
traders gathered at the exclusive River Club in central Moscow
at the invitation of state lender Sberbank.
DUBAI, April 26 (Reuters) - Saudi Arabia's stock market may
extend gains on Tuesday after Deputy Crown Prince Mohammed bin
Salman announced an economic overhaul of the oil-dependent
kingdom, while investors in the Gulf will take cues from
quarterly results.
* Breaking down the barrel of oil: http://tmsnrt.rs/21bOZKa
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