Search Results for: Gas
Oil Prices Tumble as OPEC Production Grows
October 13th, 2015
OPEC reports that its output rose to a more-than-three-year-high in September Oil prices dropped Monday after the Organization of the Petroleum Exporting Countries reported that its output rose to a more-than-three-year high last month. OPEC said in a monthly ...
What OPEC’s New Romance with Russia Means for Oil Prices
October 12th, 2015
For years, the Organization of Petroleum Exporting Countries (OPEC) has courted Russia, though without much success. It’s easy to see why the attraction is there; the world’s largest country has huge oil reserves and the geopolitical clout to ...
Russian companies are preparing to withdraw from London Stock Market
October 12th, 2015
Eurasia Drilling, Uralkali, Polyus mull value of foreign stock More may seek to delist as share values slide: BCS’s Chuyko Russian expansionism is going into reverse, at least on the London stock market. Three of Russia’s major commodity-related companies ...
$50 Oil: So Close, Yet Oh So Far
October 8th, 2015
U.S. futures slip below $48, as inventories increase more than expected Oil prices pulled back from a one-month high on Wednesday, as yet another rally fizzled on a muddled supply outlook. Having pushed to nearly $50 a barrel in ...
Volkswagen Stock Chart Is Looking Like BP’s After Oil Spill
October 7th, 2015
Technical analysts say recovery in VW shares will take years BP shares are still 42 percent below their high of 2010 An ominous chart pattern that formed in shares of BP Plc after its 2010 oil spill is now ...
US, states announce settlement with BP over gulf oil spill
October 6th, 2015
The Justice Department and five states on Monday announced a $20 billion final settlement of environmental damage claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The deal, once approved by a judge, would ...
Exchanges from around the world announced their trading volumes for September 2015
October 6th, 2015
Exchanges from Russia, Germany and USA have issued press releases to inform investors regarding their trading volumes results for September 2015. Moscow Exchange Moscow Exchange Trading Volumes in September 2015 The Derivatives Market and FX Market posted the strongest ...
Federal Court charges Alexander Glytenko and Direct Investment Products, Inc.
October 6th, 2015
Federal Court Orders Alexander Glytenko and His Company, Direct Investment Products, Inc., to Pay a Monetary Penalty and Restitution Totaling More than $3.8 Million in Connection with Commodity Pool Fraud The U.S. Commodity Futures Trading Commission (CFTC) today announced ...
Euro Area Urges Tsipras to Meet Bailout Pledges Without Delay
October 6th, 2015
Funds for recapitalization tied to country meeting conditions Finance ministers tell Tsipras not to ease up on reforms Greece shouldn’t expect the euro area to relax bailout requirements to meet next month’s deadline for unlocking money to recapitalize its ...
UAE energy minister says urgent need to cut subsidies in the region as oil prices decline
October 5th, 2015
There is an urgent need to cut regional energy subsidies as government budgets are squeezed by slumping oil prices, the UAE Minister for Energy said on Sunday. Opening an annual industry conference at Abu Dhabi National Exhibition Centre, Suhail ...
