May 2018

Price for Norwegian salmon reached record level

May 25, 2018 - 16:00
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Price for Norwegian salmon reached record level

Price of Norwegian salmon grew up to record level due to unstable supplies and global demand boom, Bloomberg reports. More healthy food consumers and increase in emerging markets consumption, including Brazil and China, resulted in fish deficit.

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Global shares growing: market news

May 25, 2018 - 12:00
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Global shares growing

Global shares went up after North Korea provided well thought answer to US President refusal to meet with the leader of that country. Dollar is stable together with US treasuries, which yield toady is at 2,97%.

Oil continues falling and costs $70,19 a barrel, since OPEC members are discussing eliminating production limits.

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Exxon planning to save its shares

May 25, 2018 - 10:45
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Exxon planning to save its shares

Exxon Mobile Corp. management took a firm decision to rescue the company from shares slump, Bloomberg reports. While rivals put restrictions on capital expenditures, Exxon is going to invest about $200 billion over next seven years.

According to new investment plan, the money will be invested into low cost oil and gas mega projects.

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Sinopec increases import from the US

May 24, 2018 - 19:00
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Sinopec increases import from the US

Largest refiner in Asia Sinopec is increasing oil import from the US to record level, since China is making efforts to reduce trade deficit with this country, Reuters reports.

Trading division of Sinopec purchased 16 million barrels of American oil to deliver in June. It is the biggest amount in the history of the company.

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Trade dispute concerns hanging over markets: market news

May 24, 2018 - 12:15
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Trade dispute concerns hanging over markets

Concerns over global trade continue put pressure on world markets. Stocks in Europe went up a little bit. Stoxx Europe 600 gained by 0,2%, but returned only part of yesterday’s losses after President Trump initiated investigation in regards to automobile imports into the US. As a result, shares of European auto producers fell sharply.

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