Search Results for: Energy
Asian stocks held two-years highs on Monday
July 3rd, 2017
Asian stocks start new month on firm footing, bonds under pressure Asian stocks held two-years highs on Monday, starting the new month on a solid footing after two quarters of gains while expectations of credit tightening by the world’s ...
Oil and Gas Company and Top Finance Executives Charged with Accounting Fraud
June 29th, 2017
The Securities and Exchange Commission (SEC) charged a Canadian-based oil and gas company and three of its former top finance executives for their roles in an extensive, multi-year accounting fraud. The SEC’s complaint alleges that Penn West Petroleum Ltd., which ...
Crude oil rose to its highest since June 19
June 29th, 2017
Crude oil rose for a sixth straight session on Thursday to its highest since June 19 on a decline in U.S. output, but ongoing worries about global oversupply continued to drag. U.S. West Texas Intermediate (WTI) crude CLc1 had ...
Oil prices rose more than 1 percent early on Monday
June 26th, 2017
Oil jumps one percent on weaker dollar, but rise in U.S. drilling drags Oil prices rose more than 1 percent early on Monday on a weaker dollar, but another rise in U.S. drilling activity stoked worries that a global ...
International Law Firm is set to break into Asia
June 22nd, 2017
DWF LLP, an international law firm headquartered in Manchester, UK, is set to break into Asia for the first time by opening a Singapore office, picking up a four-lawyer team which left Eversheds Sutherland in the city earlier this ...
Oil prices rose on Thursday
June 22nd, 2017
Oil prices climb off 10-month lows as U.S. stockpiles drop Oil prices rose on Thursday after U.S. crude and gasoline stockpiles fell, but worries over whether OPEC-led output cuts would be able to rein in a three-year glut continued ...
Yen strengthened as crude oil price tumbled
June 21st, 2017
Shanghai equities fluctuate while Hang Seng index retreats Crude oil price tumbled into bear market on supply glut concerns Asian shares retreated and the yen strengthened as crude oil tumbled into a bear market on concern a global supply ...
Oil prices hold near seven-month lows
June 20th, 2017
Oil prices held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices. Brent futures were up 4 cents at $46.95 at 0214 GMT. ...
Oil prices update: Rising U.S. oil output affect the OPEC-led cuts
June 16th, 2017
Oil sits near half-year lows as global supply overhang weighs Oil prices were not far off six-month lows, held down by an ongoing supply overhang that persists despite an OPEC-led effort to cut production and prop up crude markets. ...
Oil prices down to near their lowest levels in seven months
June 15th, 2017
Oil prices wallowed near their lowest levels in seven months early on Thursday, hurt by high global inventories and doubts over OPEC’s ability to implement production cuts. Brent crude futures were at $47.01 per barrel at 0222 GMT, virtually ...