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Oil markets stable on expected extension of output cuts

October 30th, 2017 (0)
Oil markets were stable on Monday, with Brent remaining above $60 per barrel supported by expectations that an OPEC-led production cut due to expire next March would be extended. Brent crude oil futures, the international benchmark for oil prices, ...

Oil for gold – the real story

October 27th, 2017 (0)
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...

Oil prices stable as OPEC says market is rebalancing

October 10th, 2017 (0)
Oil prices were steady on Tuesday as OPEC said there were clear signs the market was rebalancing and as U.S. production remained offline following Hurricane Nate. U.S. West Texas Intermediate (WTI) crude futures were trading at $49.66 per barrel ...

U.S. oil prices dips below $50

October 4th, 2017 (0)
Oil prices eased on Wednesday, with U.S. crude dipping below $50 per barrel, pulled down by caution that a rally that lasted for most of the third quarter would not extend through the last three months of the year. ...

Early bitcoin investor Palihapitiya declares ‘nobody can stop it’

September 27th, 2017 (0)
Investors who followed Social Capital’s Chamath Palihapitiya into the early stages of two investments he advocated would have made an awful lot of money. Palihapitiya was early in both Facebook, the ubiquitous social network, and bitcoin, the disruptive crypotcurrency ...

Brent oil edges up, near 26-month high amid supply concerns

September 27th, 2017 (0)
Brent oil prices rose on Wednesday, hovering around a 26-month high hit in the previous session, after U.S. data showed an unexpected drop in crude stocks as refineries boosted output and amid threats from Turkey to cut crude exports ...

Here is how currencies, stocks, bonds and commodities move

September 26th, 2017 (0)
Financial markets showed signs of stabilizing after a fresh trigger from North Korea had sent money into haven assets, with focus returning to comments from central bank policy makers. Stocks in Asia were broadly lower, though declines were modest, ...

Oil prices holds gains as producers say market rebalancing

September 25th, 2017 (0)
Oil prices stood little changed on Monday, keeping most of their gains from the previous session to hold near their highest levels in months, as major producers meeting in Vienna said the market was well on its way towards ...

Oil prices mixed ahead of OPEC meeting on supply cut extension

September 22nd, 2017 (0)
Oil prices were mixed in early Asian trade on Friday as the market waited to see whether major oil producers would extend supply cuts beyond March at a meeting in Vienna later in the day. International benchmark Brent crude ...

Who is new Uber CEO Dara Khosrowshahi?

August 28th, 2017 (0)
Uber’s search for a replacement for its former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered the job, multiple sources close to the company confirmed to ...
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