Topic: Brazil

Oil steadies after recent surge

Oil prices held steady on Thursday as investors paused for breath following recent gains made after data that showed stronger US energy demand, analysts said. New York's main contract, light sweet crude for April delivery, was up four cents to 82.13 dollars per barrel. London's Brent North ...
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FTSE 100 opens lower

Leading shares weakened on Thursday after unconvincing gains overnight on Wall Street as investors mulled the latest economic data and company news. The FTSE 100 index dipped 0.18 percent to 5,630.65 points in early trade. BP shares dropped 0.32 percent to 622.92 pence after the ...
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European stock markets weaken

Europe's main stock markets weakened Thursday after unconvincing gains overnight on Wall Street as investors mulled the latest economic data and company news. London's benchmark FTSE 100 index dipped 0.18 percent to 5,630.65 points, in Paris the CAC 40 was down 0.35 percent to ...
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BP wins foothold in Brazil with $7 bln deal

British oil giant BP on Thursday unveiled a major strategic deal that will hand it further assets in Azerbaijan and the Gulf of Mexico and its first foothold in Brazil. The London-listed firm will pay US firm Devon Energy 7.0 billion dollars (5.1 billion euros) in cash for ...
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