Free Newsletters - Space - Defense - Environment - Energy
..
. Medical and Hospital News .




ENERGY TECH
Oil rises after Iran nuclear talks stall
by Staff Writers
Singapore (AFP) Nov 11, 2013


Oil prices rose in Asian trade Monday after gruelling meetings in Geneva aimed at convincing Iran to halt its disputed nuclear programme failed to result in an agreement, analysts said.

New York's main contract West Texas Intermediate (WTI) for December delivery was up seven cents to $94.67 in mid-morning trade, while Brent North Sea crude for December rose 38 cents to $105.50.

"We see no breakthrough in the nuclear talks held between Iran and the six powers in Geneva last week," Teoh Say Hwa, head of investment at Phillip Futures in Singapore, told AFP.

"This has deferred concerns over the influx of Iranian oil into global markets, hence supporting crude oil prices," she said.

Diplomats on Sunday insisted they were closing in on agreement to curb Iran's nuclear programme despite the failure to clinch a long-sought deal in marathon negotiations in Geneva.

The Islamic republic has been crippled by a series of UN and US sanctions aimed at bringing an end to its nuclear drive, which the West claims is being used to develop atomic weapons. Iran denies the assertion.

The so-called P5+1 group of major powers -- Britain, France, the United States, Russia, China plus Germany -- plan to meet again with Iranian delegates on November 20 with the hope of securing a short-term deal that would freeze the country's nuclear activities while both sides work on a comprehensive agreement.

Meanwhile, oil prices were also supported by strong US job and economic growth figures that topped forecasts and signalled a possible recovery in the world's biggest economy following months of languid growth, Teoh Said.

The US Labor Department's highly anticipated October jobs report released Friday showed the world's largest economy added a surprising 204,000 jobs, more than double the average analyst estimate, despite a 16-day partial federal government shutdown.

The Commerce Department's third-quarter GDP advanced estimates came in at an annual rate of 2.8 percent, well above the 1.9 percent projected by analysts.

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





ENERGY TECH
Greenpeace activists scale Sagrada Familia in Russia protest
Barcelona (AFP) Nov 08, 2013
Ten Greenpeace activists scaled Barcelona's landmark Sagrada Familia basilica Friday to demand the release of 30 people jailed in Russia for taking part in an protest by the environmental group against Arctic oil drilling. The activists, many wearing green T-shirts, hung banners from the spires of Antoni Gaudi's unfinished masterpiece with photos of the jailed protesters along with banners t ... read more


ENERGY TECH
'Miracle' baby born in Philippine typhoon rubble

Philippine security forces pour into typhoon-hit towns

US marines in Philippines typhoon rescue race

World sends emergency relief to battered Philippines

ENERGY TECH
How pigeons may smell their way home

UK conservationists using location-based system ManagePlaces

A Better Way to Track Your Every Move

China's satellite navigation system to start oversea operation next year

ENERGY TECH
Scientists tracking Brazilian wildlife find ancient cave paintings

Study: Humans made sophisticated stone tools earlier than thought

Did hard-wired fear of snakes drive evolution of human vision?

Hair regeneration method is first to induce new human hair growth

ENERGY TECH
Three Chinese in Tanzanian court over ivory haul

Rare New Microbe Found in Two Distant Clean Rooms

U of M scientists solve major piece in the origin of biological complexity

Scientists study 'fishy' behavior to solve an animal locomotion mystery

ENERGY TECH
France okays home tests for HIV

Researchers find HIV's 'invisibility cloak'

Breakthrough in hunt for HIV vaccine

Poultry market closures do well to halt bird flu: study

ENERGY TECH
Dalai Lama potential successor tells China to clean up Tibet

Bombing exoneration 12 years on exposes China law abuse

China whips up reform expectations from key meeting

Hong Kong protestors use TV row to channel anger

ENERGY TECH
Spain jails six Somalis for piracy

Pirates kidnap two American sailors off Nigeria

Seaman Guard owner to fight arrest of ship's crew in India

Somali pirates on trial for seizing French yacht

ENERGY TECH
Walker's World: Are the Germans right?

China to allow more private investment in state firms: report

Outside View: Slowing growth clouds U.S. jobs outlook

China's leaders to meet on economic reform




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement