finished tuesday session ahead lukoil was the biggest gainer its shares advance three point four percent the most since june it comes after the second largest crude oil producer reported strong results. and russian markets may maintain the trend and investors are hoping to get positive data from the u.s. labor market as the director of equity sales that explains. the most important driver will be coming out of the u.s. the european the us sales data we have the auto sales to be released by major automakers in the states this supposed to be a significant piece of data the consumer confidence in the state and the consumer spending has increased around three percent in the last quarter of the data so positive then we see a sustainable heads up recovery in the u.s. demand which will be a major catalyst for the u.s. markets despite the european backdrop we're expecting ten percent increase in european cities in the u.s. sales data and this will probably help the russian market as well and the most important piece of data is coming out on thursday that's the u.s. jobless claims. if positive wi

on exploration and production twenty percent will be spent on processing and marketing currently lukoil produces around ten percent of its oil and gas abroad the company's going to actively develop foreign projects primarily this relates to western africa we're actively developing the west corner project in iraq we have large projects in kazakhstan as a by john egypt saudi arabia and latin america. and loyal dutch shell and gas promptly to expand their partnership and explore oil and western siberia and russia's far east along with distribution projects in europe the companies have not revealed their specific plan they still work on to they still work together on russia's an island after moscow for shell to cede control of the project in two thousand and seven on unfavorable terms shell has a twenty seven point five percent stake in a subtly in project while gas probably has fifty percent plus one share. the government hypes all export duty this month by four point five percent to over three hundred three dollars for. oil produced in east siberia will reach one hundred eight dollars per

up over one point five percent bucking the trend there was lukoil that shared with six percent telecom a real snuff finish one point seven percent higher and aeroflot shares of jobless point three percent on news of the stakes. the russian markets began the week strongly after last one is rally on the back of the successful world cup bid but slowed by midway mainly due to profit taking john herself from citibank russia recaps this week. the mice exchange for the most part this week is flat because i think the incredible enthusiasm we saw last friday last friday is trading after the after russia won the world cup bid for twenty eight team a lot of died out throughout the week this profit taking cetera so the only real one of the main events this week was with x five finally announcing the acquisition of paper that acquisition looked to be done a pretty much. your average market valuations it doesn't look like they got into a bidding war with wal-mart that was good for x five but as a whole the market was basically flat on the weak to the u.s. now regulate is a phrase in the us there's a

are up on the day close to a half percent gain each and most blue chips are up lukoil is up a quarter percent is pared back is up a point thirty five percent this hour. meanwhile russia's food retailer dixy group has narrowed its nine month net loss to one point two million dollars down from a loss of over three million last year the company says it's improved its cost control measures sales in the first nine months amounted to one point five billion dollars that's seventeen percent higher than the previous year and russia's gas export monopoly gas prom estimates the south stream pipeline across the black sea to europe will cost about twenty billion dollars the offshore part of the pipe may cost fifteen billion dollars at current prices while the onshore section in europe is expected to cost half of that and investment decision on the project is to be made by mid april. lukoil rail raise profits twenty nine percent in the first nine months it cited higher oil prices and a favorable settlement in ownership dispute earnings came in at around six point eight billion dollars under interna

lukoil is planning to sell one point five billion dollars of convertible bonds due in two thousand and fifteen is the russian oil giant's first sale of such debt in almost a decade and secured bonds would have a coupon of two point five to three percent will be convertible into lukoil as a deals listed and a spokesman for the company declined to comment on the reason they say. the organization of petroleum exporting countries may increase crude production but only if the price per barrel reached one hundred dollars as according to the organization secretary general the russian news agency in tar task also reports only increase oil exports should the price increase result from a genuine shortage of oil the comments coming days before meeting of opec members to be held in the ecuadorian cup to create a. time to see how the markets are performing now and here in moscow of course is a slide in with energy stocks weighing on the markets rosneft is the only game on the l.t.s. pitching a move seven percent araf right shares have dropped four point three percent on news of a stake stay or will

the blue chips have opened lower led by energy stocks gazprom and lukoil of shed half a percent as the price of brant holds on the ninety two dollars a barrel consumer demand has been key to russia's recovery from the financial crisis rubenstein of metropole thinks that will help shares in bag outperform the market next year. no bank is a proxy for the russian market and also a proxy for the russian economy too is that it is. fundamentally on numbers it's growing and it's it's doing really well in terms of financial results there's a speculative dry wood next year we expect their banks a.d.r. program to be launched and that's going to bring in many more years for investors into the name because the bank will the share which will become accessible internationally. finally this. deal to supply the german also joint top truck make will make axles. on the fifty million euro top eleven percent income says it wants to ramp up corporation. that's the latest remember you can always find most doors on the website that's called. the secret incursion into the country. it's the invasion by means o

led by energy stocks gazprom and lukoil awfully as the price of light sweet sticks at eighty eight dollars a barrel. consumer demand has been key to russia's recovery from financial crisis mark rubenstein from metropole thinks that will help shares in burbank outperform the markets. now bank is a proxy for the russian market and also a proxy for the russian economy to date it is. fundamentally on numbers it's growing and it's it's doing really well in terms of financial results three they speculate of dry wood next year we expect there their banks for them to be launched and that's going to bring in. many more additional vessels into the name because the bank will the shares will become accessible internationally that's the business join us next they'll fill the opening moves on the my six. did i kill innocent kids a was a base of course and that's never and said. mom a song from the skull spoke to me i think of it every day. i steal the flyers fired from the memories. so much so a long time this year trying to tell. i was. i was ashamed that i. i was ashamed that i had been a hero why i g

no lukoil is planning to sell one point five billion dollars of convertible bonds due in two thousand and fifteen is the russian oil giants first sale of such debt and with a decade secured bonds will have a coupon of two point five to three percent will be convertible into loopholes eighty yells missing and a spokesman for the company declined to comment on the reason to say. no guys ation of petroleum exporting countries may increase crude production but only if the price per barrel reached one hundred dollars according to the organization secretary general the russian news agency into task also reports that opec would only increase all exports to the price increase result from a genuine shortage of oil the comments come a day before a meeting of opec members to be held in the ecuadorian capital crito. in time see how the markets are performing down here moscow index is open for trading as little change so far making a slight gain of all those it's always national thursday with gains for most of the main players energy majors we won the best performance with the real local gas probl

lukoil is trying to sell one point five billion dollars of convertible bonds due in two thousand and fifteen is the russian oil giant's first sale of such debt in almost a decade and secured bonds will have a coupon of two point three percent will be convertible into loopholes a.d.'s listed in london a spokesman for the company declined to comment on the reason they say. top see how markets are performing now and over in a just along with the trading in negative territory on friday but investors continuing to share concerns about the global economic over the price that the seven month i can profit taking also drop sending the benchmark index or its fourth week would run five weeks as property developers in china sell on concern the mainland government would raise interest rates. and their russian voices close high also as they would gains with most of the private energy majors within that best performance with the world's nickel and gas pump which ago made more besides. russian oil telecoms group stammer says net profit rose twenty seven percent on the quarter to one hundred eighty t

ross net is the biggest winner up nearly one percent bucking the trend is lukoil but sharing the same air flow chaz have dropped four point three percent on news of a stake sale more about that and. now the national bank of ukraine will add the ruble to its currency reserves bank officials say the decision has already been approved by the i.m.f. it's part of a plan to boost the role of national currencies on a trade. look or as planning to sell want to have been in dollars of convertible bonds due to do in two thousand and fifteen it's the russian oil giants first sale of such debt in almost a decade the unsecured bonds will have a coupon of two and a half to three percent and will be convertible into eighty r.'s listed in london a spokesman for the company declined to comment on the reason for the sale. u.s. regulators have frozen the assets of unnamed investors who bought shares in russian jews group when bill done just before pepsico announced its takeover bid one of them used a swiss bank account to buy four hundred thousand american depository receipts which are a proxy for wimbl

lukoil is planning to sell one point five billion dollars of convertible bonds due in two thousand and fifteen is the russian oil giant's first sale of such debt and with a decade in secured bonds we have a coupon of two point five to three percent or we convert ball into a new calls a deal is listed in london it's going soon for the company declined to comment on the reason this a. time to see how the markets are holding now russian markets ended mixed on friday with the r.t.s. game in the money stakes we do down with nicole was the biggest winner in the r.g.s. over one point five percent bucking the trend with new coil the shared point six percent telecom more snappish one point seven percent higher airflow shares the job will point three percent on news of the stakes a. russian markets began the week strongly of the last friday's rally on the back of a successful world cup bid but slowed by midweek mainly due to profit taking john hazel from citi bank recaps the week but my sense is change for the most part this week is flat in the exterior think the incredible enthusiasm we saw las

gas problem is losing more than a third percent all the miles it's well as well as lukoil burbank admi g.b. are gaining about a third on the boards. across the biggest miner noised maciel has sold its entire stake in u.s. metals company stillwater sold thirty seven million still watershed to the public at nineteen dollars fifty cents and the remaining nine million shares securities the russian mining giant had said it was selling its shares to focus on its core operations. and that's your business update for now join me at twenty past the hour for more. they live not only next to the border of the guns of egypt but also on the border of peace and war. they are responsible not only for themselves. but also for their loved ones. they are ready to take any risk. code. book. a book. street. chosen from among many. he was given a clear cut mission. a mission he successfully accomplished. and became the first ever man in outer space. hero of the soviet union one of the best known persons in the whole world. all his thoughts were focused on flight to could he ever think that his life's work w

slowing of to an opening rally most of the main players are on energy and energy is the best performers lukoil is bucking the trend though shedding more than one point five percent european stocks are mixed this hour with dutch chip equipment group a s.m.l. seven percent off the listing its board of work yes but for the fourth quarter mine is a doing well in the footsie with precedent of three point three percent. over the next three years gas from plans to spend almost ten billion dollars on gas fields a pilot project only a mile peninsula that's according to vettel most newspaper above and then. third largest because it will produce forty five billion cubic meters in two thousand and thirteen and that's roughly eight percent of the companies that the russian gas export will play spend five point eight billion dollars for both and then cover on the neighboring car survive feels between two thousand and seven and two thousand and ten. other news opec appears unlikely to raise or oil quotas when it meets on saturday despite a rally in the oil price menaces insists world economic growth can surv

on exploration and production twenty percent will be spent on processing and marketing currently lukoil produces around ten percent of its oil and gas abroad the company's going to actively develop foreign projects primarily this relates to western africa also we are actively developing the west corner project in iraq we have large projects in kazakhstan by john egypt saudi arabia and latin america and russia is considering postponing its first sale of ruble bonds to international investors bonds are tumbling amid concerns that portugal and spain may be next for bailouts after ireland put investors out of assets they consider risky slow economic growth and a higher inflation in russia than in other bric countries like brazil and china are also driving the investors out russian officials say the sale of three billion dollars of ruble denominated bonds could be delayed until two thousand and eleven. and russia's budget spending for two thousand and ten could fall by up to five hundred billion rubles which is around fifteen billion dollars deputy economic minister development minister on v

lukoil is planning to sell one point five billion dollars of convertible bonds due in two thousand and fifteen is the russian oil giants first sell of such debt always a decade ago and secured bonds will have a coupon of two point five to three percent will be convertible into loopholes eighty of listening to a spokesman for the come declined to comment on the reason they say. the organization of petroleum exporting countries may increase crude production but only if the price per barrel reaches one hundred dollars as according to the organization secretary general the russian news agency in tass also reports because opec would only increase all exports should the price increase result with genuine shortage of oil comments come a day before meeting members be held in the ecuadorian capital into. time see how the markets down here moscow balsa sliding into early trading as energy stocks weighing it comes after a positive session on thursday where most of them may have been well spent but my six is down no point seven percent. and over in asian markets also love with investors concerned

lukoil is planning to sell one point five billion dollars of convertible bonds during two thousand and fifteen is the russian oil giant's first sale or such debt and almost a decade ago and secured bonds will have a coupon of two point five to three percent it will be convertible luke with a deal listed in london a spokesman for the company declined to comment on the reason this. is asian petroleum exporting countries may increase crude production but only if the price per barrel reaches one hundred dollars as according to the organization secretary general russian news agency entire task also reports that opec would only increase oil exports should the price increase result genuine shortage of oil the comments coming day before a meeting of opec members to be held in the ecuadorian couple talking to. time see how the markets before we now hear most good voices are climbing with all the main players now gaining on the r.t.s. rosneft is the biggest winner up nearly one percent error for shares of drop four point three percent on news of a stake sale more than that in a minute's time now

pair of presidents of russian energy giant lukoil says that's too optimistic. i think that the current price is already fair and comfortable for both producers and consumers our analysts agree with opec experts that the oil price next year will be at around the same level as this year that is eighty or ninety dollars are companies looking forward to this price. for the equities they're up here in russia on the back of that strong got oil price the r.t.s. is gaining a percent and a half and the mind six is trading around point eight of a percent higher this hour energy is the standout sector rose next gazprom and rose hydro are all driving gains but sperm bank is the top blue chip today it's up over two percent on both main forces. that russia's biggest lender said profits this year could top two hundred billion rubles considerably more than sperm banks official forecast. and european stocks have kicked off the week in the black miners are driving that as metals prices growth xstrata put on one percent more than three percent on the footsie. now russia central b

and will strengthen further in two thousand and twelve but why do you think carefully president of lukoil believes that could be a little too optimistic. i think that the current price is already fair and comfortable for both producers and consumers our analysts agree with experts that the only person next year will be at around the same level. eighty or ninety dollars companies looking forward to these prices. taking a look at their credit markets now and perhaps not surprisingly they're out here in russia on the back of a stronger an oil price the r.t.s. is gaining over eight percent in the moderates is trading point eight percent higher. now the energy sector is doing particularly well with the likes of rostam gas bill monroe's hydro all up strongly burbank is the top gainer up over two percent on them isaacs that's after source at russia's biggest bank said profits this year could top two hundred billion rubles considerably more than spags official forecast and stocks in europe trade higher on monday behind the banking and mining sectors u.k. footsies up point eight percent germany's

barrel next year arising further in twenty twelve of a good pair of presidents of russian energy giant lukoil says that's too optimistic . i think that the current crisis is already fair and comfortable for both producers and consumers the beauty of our analysts agree with opec experts was that the oil price next year will be at around the same level as this year that is eighty or ninety dollars are companies looking forward to this problem given most of them are staying in the sector exxon mobil and b.p. are in talks with the government and rosneft to drill in russia's offshore areas they're among twenty three domestic and foreign companies conducting exploration from the continental shelf. had to pass through this scheme is working quite effectively in the stock market project there are big global oil and gas companies like total start working there recently ross newton should sign an agreement to work out the black sea shelf talks with big oil and gas companies including max and b.p. are under way you should check on equities now the nasdaq has gone flat in the afternoon but the dow remain

up both up on the day most trips are higher with gazprom and lukoil both up over two percent on my six. year old dutch shell and plan to expand their partnership and explore oil in western siberia and russia's faught east along with distribution projects in europe the companies have not revealed their specific plans they still work together on russia only an island after moscow forced shell to cede control of the project into two thousand and seven on unfavorable terms shell has a twenty seven point five percent stake in this project while gazprom has fifty percent plus one share. the government hikes or that huge of a small five point five percent to over three hundred three dollars a tonne due to world produced in siberia will reach one hundred eight dollars per tonne from the current ninety eight point eight dollars per tonne. meanwhile russian made postpone its sale of ruble bonds to international investors the euro crisis has let dribble bonds to tumble as investors avoid asses they consider risky russia's also suffering slow economic growth and high inflation and other bric count

unbrushed of the my six and the r t s a both up on the day most troops are higher with casper almond lukoil they are both up over two percent on the my six. royal dutch shell and from plan to expand their partnership and explore west and save bierria and russia's fi east along with distribution projects in europe the companies have not revealed their specific plans they still work together on russia island after moscow forced shell to cede control of the project in two thousand and seven on unfavorable terms shell has a twenty seven and a half percent stake in the saturn project while gas from has fifty percent plus one share. the government hikes or legs for duty this month by four and a half percent to over three hundred three dollars a tonne the duty on oil produced in is save your area will reach one hundred eight dollars per ton from the current ninety eight point eight dollars per time. meanwhile russia may postpone its first sale of ruble bonds to international investors that your prices had led dribble bonds to temple as investors avoid assets they consider risky russia's also suffe

companies who have made age strategic decision to limit their exposure in iran include shell, total, lukoil, and many others. i think this is particularly important terms of iran that the ability to attract foreign investment to modernize its energy infrastructure. these economic consequences of sanctions has been amplified by the iranian government's on mismanagement of the economy which have led to high unemployment and inflation and together sanctions and the mismanagement have added to a sense of political discontent among broad sections of the iranian public hope, of course, have other grievances, including dissatisfaction with the election. of course, it remains to be seen how high iran's pain threshold is and whether iran is ultimately ready to comply with security council demands to suspend the reprocessing and enrichment programs in exchange for suspension of sanctions measures as provided for in security council resolution 1929. it may be iran has decided to resume talks in the p-5 + 1 because of the lease it can manipulate the appearance of negotiations to weakening sanctions and