Search Results for: Energy
European law firm announces merger with Chinese firm
November 15th, 2016
The tie up sees JS Partners adopt the new name ‘Fei Shi’ and the Fieldfisher brand. European law firm Fieldfisher announces its latest merger with Chinese firm, JS Partners. The merger, structured as a Swiss Verein, takes effect from ...
BP picks new auditor in Deloitte
November 15th, 2016
BP will ask its shareholders to approve the appointment of Deloitte as the company’s auditor for the financial year 2018 at its AGM. EY will retain the role of external auditor for BP and will carry out the audits for ...
Sterling falls back below $1.25
November 15th, 2016
Sterling falls back below $1.25 after UK inflation fell in October – pushed down by tuition fees and clothes So much for the Trump rally. The pound fell back below $1.25 this morning, after figures from the Office for ...
EIA Forecasts $51 Per Barrel 2017 Brent Crude Oil Price
November 14th, 2016
The U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook(STEO) released on November 8 forecasts that North Sea Brent crude oil prices will average $43 per barrel (b) in 2016 and $51/b in 2017. EIA expects that West Texas Intermediate (WTI) ...
CME Group CEO Announces Retirement
November 11th, 2016
CME Group CEO Phupinder Gill Announces Retirement; Board Expands Role of Terry Duffy to Chairman and CEO; Appoints Bryan Durkin as President CME Group announced that its Chief Executive Officer Phupinder Gill has informed the Company’s Board of Directors that ...
Oil prices dipped on Thursday
November 10th, 2016
Oil dips on rising crude inventories after Trump’s shock victory Oil prices dipped on Thursday, pulled down by rising U.S. crude inventories and as markets tried to interpret U.S. President-elect Donald Trump’s surprise victory. U.S. crude stocks rose by ...
Oil Prices Slip on Risk Aversion as Trump Takes Lead
November 9th, 2016
Crude-oil prices continued to sink in early afternoon Asia trade on Wednesday as Republican nominee Donald Trump appeared on his way to a possible stunning upset in the U.S. presidential race, sparking jitters across global equities and commodities. The ...
Oil prices steady ahead of U.S. election, weak China data weighs
November 8th, 2016
Oil prices were stable on Tuesday as financial investors and traders were cautiously positioning themselves for a win by Hillary Clinton in the U.S. presidential elections. U.S. West Texas Intermediate (WTI) crude futures were at $44.97 at 0610 GMT, ...
Asian Stocks Rise With Won, Mexican Peso on U.S. Election Day
November 8th, 2016
S&P 500 futures slip after gauge snaps nine-day losing streak Industrial metals reverse gains as gold edges higher Asian equities rose with South Korea’s won and the Mexican peso as Americans prepare to vote in their presidential election with ...
No matter who wins US Election markets are betting on one truly safe investment
November 7th, 2016
No matter who wins the race for the White House, markets are betting on one truly safe investment, and that is the currency of a country with bleak economic prospects – Japan. Markets had long been pricing in a ...