Euro Zone Sentiment and Inflation Expectations Fall in July

BRUSSELS, July 28 Reuters Euro zone economic sentiment declined for a third consecutive month in July and by more than expected as the mood in industry, services and amongst consumers slipped, while inflation expectations continued to fall, data showed on Friday. The European Commission39;s monthly survey showed economic sentiment in the 20 countries sharing the […]
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End of Nigerian Fuel Subsidy Set to Squeeze Europes Refiners

W. Africa historically major market for European petrol Gasoline flows redirected after fuel subsidy scrapped Some Mideast, Russian flows move to WAF, but still small LONDON, July 28 Reuters One of Europe39;s main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which destroyed much of the country39;s domestic […]
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