Search Results for: Russian crude
European markets set to follow Asia lower; oil under pressure
June 10th, 2016
European markets are expected to open mixed to mostly lower on Friday, as weaker trade in Asia and a fall in oil prices weighed on sentiment. The London FTSE 100 index is called to open 3 points lower at ...
CME announced that May 2016 volume averaged 14.9 million contracts per day
June 3rd, 2016
CME Group, the world’s leading and most diverse derivatives marketplace, today announced that May 2016 volume averaged 14.9 million contracts per day, up 6 percent fromMay 2015. CME Group May 2016 options volume averaged 2.8 million contracts per day, up 10 percent versus May ...
Oil prices dip on strong dollar, firm global supply
May 23rd, 2016
Oil prices slipped in Asian trade on Monday on a strong dollar and signs that global crude supply is holding up even as volumes hit by unplanned outages rise to at least five-year highs. In a further indication of ...
Russia calls Saudi bluff after Riyadh threatens to spice up oil output
April 21st, 2016
The Russian Power Ministry says it’s prepared to extend oil manufacturing and exports ought to Saudi Arabia undergo with its menace to spice up output after the failure of the Doha talks. Russia’s oil output might attain 540 million ...
Oil Plunges After Output Talks Fail Amid Saudi Demands Over Iran
April 18th, 2016
No Doha deal as Saudi insists all OPEC members must join Russia says it was surprised by some nations changing position Oil tumbled by the most in two months after output talks Sunday between the world’s biggest producers ended without any ...
Russia Says Oil-Freeze Deal Could Go Ahead Without Iran
April 14th, 2016
Comments come ahead of meeting between major oil-producing nations in Qatar on Sunday Russian Energy Minister Alexander Novak said Wednesday that an agreement on freezing oil production could be reached between oil-producing countries without the participation of Iran, Tass ...
Asian shares at four-month highs
April 14th, 2016
Asian stocks rose to their highest levels in more than four months on Thursday and regional currencies weakened led by the Singapore dollar as hopes grew that more central banks will join the city state in easing monetary policy ...
Oil prices hold steady on strong China demand, ahead of producer meeting
April 12th, 2016
Oil prices were stabile on Tuesday, with U.S. crude futures holding above $40 per barrel and Brent approaching $43 ahead of a meeting of major producers to discuss freezing output levels to rein in ballooning oversupply. U.S. West Texas ...
Can A Divided OPEC Agree On Anything In Doha?
April 6th, 2016
Only two weeks remain until the fated meeting between the OPEC countries and their counterparts from outside the organization, scheduled to take place in the Qatari capital of Doha on the coast of the Persian Gulf. The meeting could ...
Oil Drops After Saudis Say Will Freeze Output Only If Iran Joins
April 4th, 2016
Will boost sales if others lift output: Deputy crown prince Russian production expands to set post-Soviet high in March Oil extended declines after Saudi Arabia’s deputy crown prince said the kingdom will freeze output only if Iran follows suit, ...
