Advertisement
UK markets close in 8 hours 2 minutes

  • FTSE 100

    7,859.73
    -105.80 (-1.33%)
     

  • FTSE 250

    19,423.63
    -275.26 (-1.40%)
     

  • AIM

    742.15
    -8.13 (-1.08%)
     

  • GBP/EUR

    1.1717
    +0.0006 (+0.05%)
     

  • GBP/USD

    1.2441
    -0.0006 (-0.05%)
     

  • Bitcoin GBP

    50,919.93
    -2,580.64 (-4.82%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • S&P 500

    5,061.82
    -61.59 (-1.20%)
     

  • DOW

    37,735.11
    -248.13 (-0.65%)
     

  • CRUDE OIL

    85.76
    +0.35 (+0.41%)
     

  • GOLD FUTURES

    2,389.20
    +6.20 (+0.26%)
     

  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     

  • HANG SENG

    16,244.06
    -356.40 (-2.15%)
     

  • DAX

    17,780.04
    -246.54 (-1.37%)
     

  • CAC 40

    7,928.77
    -116.34 (-1.45%)
     
Money:

How to avoid tax creep in retirement

The state pension went up 8.5% in April, but frozen thresholds mean pensioners will be paying more tax

Russia's Rosneft sending oil to Hungary, Slovakia via Druzhba - sources

Reuters - UK Focus

MOSCOW, Jan 20 (Reuters) - Russia's largest oil producer Rosneft has started oil supplies to Hungary and Slovakia via the Druzhba pipeline, expanding its exposure to global markets after recent acquisitions, three industry sources told Reuters on Friday.

Rosneft declined immediate comment.

Rosneft is supplying the oil via Glencore (Frankfurt: 8GC.F - news) , the sources said.

Glencore is now a Rosneft shareholder after it together with a Qatari fund acquired 19.5 percent in the Kremlin (IOB: 0Q8D.IL - news) -controlled producer recently.

Trading sources told Reuters that Rosneft will supply 80,000 tonnes of oil via the route to each of the countries this month, while supplies will total 500,000 tonnes in January - March. (Reporting by Olga Yagova; Writing by Vladimir Soldatkin; Editing by Alexander Winning)