Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Business

Algerian Hostage Crisis Adds to Oil's Reflationary Play -- City Index UK


Print article Print article
© Marketwire 2013
2013-01-21 14:54:00 -

LONDON -- (Marketwire) -- 01/21/13 -- City Index UK : ctt.marketwire.com/?release=976377&id=2500966&type=1& .. : The ongoing hostage crisis in Algeria's highest-producing gas field adds a new element of risk to the oil equation, beyond the familiar "known" fear factors from Iran, Syria and Libya. The Algerian government's armed reaction in less than 10 hours to the siege was a firm message to terrorists demanding the freeing of prisoners in Mali and withdrawal of French troops from Algeria's southern neighbour.





Read Full Article at cityindex.co.uk: Algerian Hostage Crisis Adds to Oil's Reflationary Play : ctt.marketwire.com/?release=976377&id=2500969&type=1& ..



One implication to Algeria's firm response would be that further terrorists attacks targeting Algerian energy interests are unlikely, since Algeria would neither consider negotiations, much less, fulfill kidnapper's demands. The situation is highly unlikely to turn into that of Nigeria where rebels' attacks at refineries and pipelines are a frequent occurrence.



Part of the reason Algeria has so far resisted the spread of the Arab Spring, seen in Tunisia, Egypt, Libya and Syria is that the third largest gas supplier to Europe has had its own civil war in the 1990s. The Algerian governments' stern reaction is a vocal message aimed at preventing the current events of becoming a tipping point to renewed violence in the Sahel region spreading North near the Capital.



As the risk premium to energy prices is boosted by a new source and global central banks pile on their own reflationary policies, targeting bond yields (ECB), unemployment (Fed) and CPI (BoJ), oil prices are likely to remain supported. Read more : ctt.marketwire.com/?release=976377&id=2500972&type=1& ..



About City Index:



City Index is one of the world leaders in spread betting and CFD trading. Established in the UK in 1983 we have grown to become leading providers of contracts for difference, Forex and spread betting over the past 29 years.



At City Index, we offer 24-hour spread betting on thousands of financial markets : ctt.marketwire.com/?release=976377&id=2500975&type=1& .. around the world. We offer some of the tightest spreads in the spread betting industry and our markets include shares, indices, currencies, metals, commodities, sectors, bonds, interest rates and more.



Your losses are magnified in exactly the same way as your gains if the market moves against you and can result in losses exceeding your initial outlay. Please ensure you fully understand the risks involved.



Add to Digg : digg.com/submit?phase=2&url= www2.marketwire.com/mw/release_html_b1?release_id=976377 Bookmark with del.icio.us : del.icio.us/post?v=4&noui&jump=close&url= www2.marketwire.com/mw/release_html_b1?release_id=976377 Add to Newsvine : www.newsvine.com/_tools/seed&save?u= www2.marketwire.com/mw/release_html_b1?release_id=976377



Press Information:




Contact Person:


Disclaimer: (c) 2014 Market Wire. All of the press releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Market Wire's, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com