Search Results for: IEA
Oil’s Drop Puts Spotlight on Saudi Arabia
August 25th, 2015
Some OPEC members call for renewed discussions within cartel about restraining production The plunge in global oil prices has eroded an important pillar of Saudi Arabia’s strategy of pumping freely to grab global market share: Demand growth that once ...
Oil wars: OPEC is winning
August 13th, 2015
OPEC’s strategy to pump like crazy despite collapsing oil prices seems to be finally paying off: The U.S. oil industry is showing cracks. Oil supply from non-OPEC countries is set to slow dramatically next year and slip into its ...
Thursday July 02: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
July 2nd, 2015
OSB Commodities & Equity Indices Cheat Sheet & Key Levels July 02. Gold Open 1172.40, High 1174.40, Low 1166.70, Close 1169.30, -0.21% Change. Silver Open 15.62, High 15.69…View table below
Hedge Funds Lose Faith in Oil Rally as OPEC Seen Boosting Supply
May 18th, 2015
Speculators are losing faith in the oil rally, judging that OPEC will keep increasing supply from the highest level since 2012. Their net-long position in West Texas Intermediate crude dropped 2.1 percent, as long wagers fell the most in ...
Iran Moves Closer to Restoring Oil Exports on Nuclear Accord
April 3rd, 2015
Iran’s accord with world powers brings the OPEC member a step closer to restoring oil production that was cut by sanctions while leaving unresolved when it will happen. The preliminary agreement outlined Thursday signals the Persian Gulf nation may ...
Saudis’ Oil Price War Is Paying Off
February 27th, 2015
Three months after Saudi Arabia made clear it was going to let oil prices keep tumbling, the strategy is showing signs of working. U.S. drillers are idling rigs at a record pace, gutting investment plans and laying off thousands ...
SEC Alerts Investors, Industry on Cybersecurity
February 4th, 2015
The Securities and Exchange Commission today released publications that address cybersecurity at brokerage and advisory firms and provide suggestions to investors on ways to protect their online investment accounts. “Cybersecurity threats know no boundaries. That’s why assessing the readiness ...
OPEC’s El-Badri Says $200 Oil Possible With Lack of Spending
January 26th, 2015
OPEC’s secretary-general said oil prices as high as $200 a barrel are possible if producers fail to invest in new supply. Crude futures pared losses in London and New York. “If you don’t invest in oil and gas, you will see more ...
OPEC’s Easy Days Setting Oil Production Are Over, Veteran Says; You Need Russia, Norway, Mexico
November 24th, 2014
The days when OPEC members could all but guarantee consensus when deciding production levels for oil are long gone, according to a veteran of almost two decades of the group’s meetings. The global glut of crude, which has contributed ...
Gold – Eyes on Previous Key $1240 Level
October 14th, 2014
Gold for Tuesday, October 14, 2014 For the last few weeks Gold has enjoyed solid support at $1215 after falling strongly a couple of weeks ago from $1240 to just below $1215, however a couple of weeks ago it ...
