Oil under $48-a-barrel, but analyst sees a bottom
July 27th, 2015
Oil prices are trading sideways on Monday after last week’s fall due to a supply overhang as well as a broadly strong dollar. Brent crude LCOU5, -0.16% , the global oil benchmark, rose 5 cents to $54.50 a barrel on London’s ICE ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Oil Bears Miss Out as Record U.S. Refinery Demand Drives Rally
May 25th, 2015
Oil speculators missed out as record demand from U.S. refineries helped trim supplies from their highest level in more than eight decades and drive prices higher. Hedge funds and other money managers reduced their net-long position in West Texas ...
First Bitcoin Index by New York Stock Exchange
May 20th, 2015
The New York Stock Exchange, part of the Intercontinental Exchange (NYSE:ICE) global network of exchanges and clearing houses, today announced the NYSE Bitcoin Index (NYXBT), the first exchange-calculated and disseminated bitcoin index. Launching today, the NYXBT Index will represent ...
Oil Holds Below $60 as China Manufacturing Shows Slowing Demand
May 4th, 2015
Oil held below $60 in New York as a Chinese manufacturing gauge weakened in April, signaling fuel demand is slowing in the world’s biggest energy consumer. Futures in New York rose 0.1 percent after falling 0.8 percent on Friday. ...
Saudis Raise Oil Pricing to Asia on Signs of Demand Growth
April 6th, 2015
Saudi Arabia, the world’s largest crude exporter, raised pricing for all May sales to Asia, after the country’s oil minister said global demand was improving. State-owned Saudi Arabian Oil Co. narrowed the discount for its Arab Light grade to ...
Iran Moves Closer to Restoring Oil Exports on Nuclear Accord
April 3rd, 2015
Iran’s accord with world powers brings the OPEC member a step closer to restoring oil production that was cut by sanctions while leaving unresolved when it will happen. The preliminary agreement outlined Thursday signals the Persian Gulf nation may ...
Oil Slump Extends to a Fifth Week as Global Glut Seen Expanding
March 20th, 2015
Oil trading near the lowest price in six years is headed for a fifth weekly drop amid signs the global supply glut is worsening. Futures were little changed in New York after falling for the seventh time in eight ...
R.J. O’Brien to Acquire The Kyte Group from GFI Group
March 11th, 2015
Acquisition Marks Strategic Expansion for RJO in Europe R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, and GFI Group (NYSE:GFIG), a leading intermediary and provider of trading technologies and ...
Mario Draghi: Introductory statement to the press conference in Nicosia
March 5th, 2015
Latest Update, March 06, on March 05 release of President of the ECB Introductory statement. The update is regarding Questions and Answers. You can find the Questions and Answers at the end of the following statement. Mario Draghi, President ...