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SharePrice.com - UK Share Information - Wednesday, 14th November 2018

Risers & Fallers

Share Price Risers
Share Price Risers Share Price Risers

CompanyPriceChange
Bca Market213.506.86 %
Intosol Holdin.82.506.45 %
Polymetal Int749.006.12 %
Marshall Motor155.505.78 %
Keywords Studio1,204.005.61 %
Renold36.505.49 %
Codemasters Gr.189.005.00 %
Smiths Group1,372.004.33 %
Convatec165.854.28 %
Contourglbl174.603.80 %
Share Price Risers
Share Price Fallers
Share Price Fallers Share Price Fallers

CompanyPriceChange
Science Sprt63.00-10.00 %
Low & Bonar28.10-8.77 %
Faroe Petrol.124.20-7.45 %
Urals En.35.00-6.67 %
Centaur40.20-6.29 %
Premier Oil89.25-6.20 %
Applied Graph.38.50-6.10 %
Rm191.00-5.91 %
Hunting623.50-5.74 %
Renishaw3,712.00-5.35 %
Share Price Fallers


Price of Oil Falls as Supply Surges


Wednesday, 14th November 2018

Brent Crude, which is the main benchmark for Europe, was trading at just over $65 per barrel, while US crude was sitting at $56, which was a twelve month low. Both oils were down by 7% on the day as of 8PM on Tuesday. This means that the market is on course for its worst period of trading since December 2015. Brent Crude has entered bear market territory, having fallen by more than 20% since it peaked in October.

The global economy appears to be slowing, and analysts fear that this is contributing to a weakening in not just oil prices but other areas of the market as well. Donald Trump has urged the OPEC to not cut supply as a way of propping up falling oil prices. The OPEC followed Trumpís pleas with a report showing that there is likely to be another drop in demand - the fourth such drop in a row. OPEC is led by Saudi Arabia and Russia, and in the past they have been burned by refusals to follow production cuts. Previous attempts to maintain market share competing against the US saw oil prices plummet to as low as $30 a barrel.


Read previous editors articles here


Stock Market Update

Wednesday, 14th November 2018

UK stocks opened sharply lower on Wednesday after a rout in oil prices hurt big energy plays like Shell and BP.  At 0857, the benchmark FTSE 100 index was down 70.15 ...
Tuesday, 13th November 2018

The FTSE 100 struggled with the double whammy of a strong pound amid positive progress on Brexit negotiations and falling oil prices, putting pressure on index heavyweights BP and Royal ...
Tuesday, 13th November 2018

Some positive corporate news was just about helping to keep the FTSE 100 in positive territory by midday but with US futures pointing to a subdued open momentum was on ...

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