Search Results for: Energy
This Is For The ‘Nothing Is Happening’ Crowd…
September 30th, 2015
A lot of people out there expected something to happen in September that did not ultimately happen. There were all kinds of wild theories floating around, and many of them had no basis in reality whatsoever. But without a ...
Euro area annual inflation down to -0.1%
September 30th, 2015
Euro area annual inflation is expected to be -0.1% in September 2015, down from 0.1% in August 2015, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro ...
Oil falls after U.S. inventories show buildup
September 30th, 2015
Crude oil futures fell in early Asian trade on Wednesday after U.S. inventories showed a weekly buildup that far exceeded analyst expectations. The American Petroleum Institute said late on Tuesday that U.S. crude oil stockpiles rose by 4.6 million ...
Gazprom Responds to EU Charges of Hindering Competition, Unfair Pricing
September 29th, 2015
Russian energy firm proposed a settlement with regulators last week OAO Gazprom on Monday sent its response to European Union charges that the Russian energy firm hindered competition and charged unfair prices in Eastern Europe, arguing the case was ...
Shell stops Arctic activity after ‘disappointing’ tests
September 28th, 2015
Royal Dutch Shell has stopped Arctic oil and gas exploration off the coast of Alaska after “disappointing” results from a key well in the Chukchi Sea. In a surprise announcement (read below the announcement), the company said it would ...
Gulf businesses expect to keep hiring despite lower oil price
September 28th, 2015
Businesses operating in the Arabian Gulf have so far shrugged off the impact of lower oil prices on their hiring policies, with 80 per cent of them expected to take on new staff, according to new research released by ...
Oil prices fall on slowing global economic growth outlook
September 28th, 2015
Oil prices dropped in Asian trading hours on Monday despite a fall in U.S. drilling activity for the fourth straight week, with analysts pointing to a poor economic growth outlook as the main reason for low crude prices. China‘s ...
Oil unlikely to return to $100 a barrel for years
September 25th, 2015
Move would take major change in Saudi policy: Tom Kloza Traders said goodbye to $100 oil prices a little over a year ago, and they might be staying away even longer than some expect. West Texas Intermediate crude-oil prices ...
JPMorgan reaped $150 million dividend from Henry Bath before sale: filing
September 25th, 2015
JPMorgan Chase & Co reaped a $150 million dividend from its metals storage business Henry Bath & Son before selling its physical commodities business last October, as the firm reported its first loss in over a decade, a filing ...
Trading Technologies’ Next-Generation Trading Platform, TT, to Provide Connectivity to FEX Global
September 24th, 2015
FEX Global to distribute the TT platform to market participants The Asian-based energy and commodities futures exchange FEX Global Pty. Limited (FEX) and Trading Technologies International, Inc. (TT), a provider of high-performance professional trading platforms, today announced that FEX ...