Search Results for: Energy
Oil price projections are so enigmatic right now
April 24th, 2017
Predictions range from a 20-percent reduction (to roughly $42 a barrel) to an exuberant 100-percent increase ($100) by next year. It’s enigmatic that perceptions of market experts are so enormously divergent with regard to the price of any commodity. ...
America’s financial war strategy
April 23rd, 2017
America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to be the opinion of China’s strategic advisors. We analyse the ...
World Federation of Exchanges publishes Annual IOMA Derivatives Report
April 22nd, 2017
The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, has today published its annual report into the global derivatives market. Highlights of the report are as follows: – Derivatives volumes continued ...
Here’s what Venezuela’s deepening crisis means for oil prices
April 21st, 2017
Venezuela and its worsening economic and political crisis may be an underappreciated wild card when it comes to the outlook for oil prices. The nation, which has the world’s largest oil reserves, is suffering an economic collapse that has ...
PM markets: traders weigh European drought, US rains
April 20th, 2017
Wheat prices in the Chicago and Paris saw early gains, helped by fears that time is running out for much needed rains in Europe and North Africa, but the rallies failed later in the day, as a strong forecast ...
International law firm to launch its third international office in Madrid
April 20th, 2017
International law firm Pinsent Masons has announced plans to launch its third international office in less than 12 months, with a Madrid presence expected to open in May. The firm has brought together a team of six partners to ...
Oil prices claw back some losses, but oversupply still weighs
April 20th, 2017
Oil prices regained some ground on Thursday after steep losses the previous day, with a slight drop in U.S. crude inventories stoking hopes that a global supply overhang might slowly retreat. Brent crude futures were at $53.08 per barrel ...
Oil prices dip on bloated U.S. market, mixed Saudi signals
April 19th, 2017
Oil prices dipped on Wednesday as bloated U.S. supplies weighed on markets while a fall in Saudi crude exports was offset by rising production in the country. Brent crude futures LCOc1, the international benchmark for oil, were at $54.77 ...
Crude oil eases for second day on rising U.S. production
April 13th, 2017
Crude oil futures slid for a second session on Thursday, moving away from a one-month high touched briefly in the last session as rising U.S. production stoked worries about global oversupply. Benchmark Brent crude futures slid 4 cents, or ...
Oil rises on potential Saudi Arabian output cut extension
April 12th, 2017
Oil prices rose on Wednesday, putting crude futures on track for their longest streak of gains since August 2016, as Saudi Arabia was reported to be lobbying OPEC and other producers to extend a production cut beyond the first ...
