Search Results for: Saudi Arabia
Oil rose for a third day
February 2nd, 2018
Oil rose for a third day on Friday after a survey showed strong compliance with output cuts by OPEC and others including Russia, offsetting concerns about surging U.S. production. Brent futures, the global benchmark, were up 24 cents, or ...
Oil dips but still set for strongest January in five years
January 29th, 2018
Oil eased below $70 a barrel on Monday as rising U.S. output undermined efforts led by OPEC and Russia to tighten supplies, but prices were still on track for their strongest start to the year in five years. Brent ...
U.S. oil prices hit highest since 2015
January 9th, 2018
U.S. oil prices hit their highest since 2015 again on Tuesday as speculators bet on further price rises amid OPEC-led production cuts and a dip in American drilling activity, though some warned the rally could run out of steam. ...
How quickly will the dollar collapse?
January 8th, 2018
This might seem a frivolous question, while the dollar still retains its might, and is universally accepted in preference to other, less stable fiat currencies. However, it is becoming clear, at least to independent monetary observers, that in ...
U.S. oil prices hit highest since mid-2015
December 29th, 2017
U.S. oil prices hit their highest levels since mid-2015 on the final trading day of the year as an unexpected fall in American production and a fall in commercial crude inventories stoked buying. In international markets, Brent crude oil ...
Oil prices near 2015 highs on tight market
December 28th, 2017
Oil prices were stable on Thursday with trading activity drying up ahead of the New Year weekend. Heading into 2018, traders said market conditions were relatively tight due to ongoing supply cuts led by the Middle East-dominated Organization of ...
Oil prices dipped
December 21st, 2017
Oil prices dipped on Thursday as soaring U.S. output, fast approaching 10 million barrels per day (bpd), outweighed a drop in American crude inventories. U.S. West Texas Intermediate (WTI) crude futures were at $58.02 a barrel at 0540 GMT, ...
Three UK law firms announce global expansion plans
December 19th, 2017
UK law firms are continuing to open up offices globally and link with local firms with the latest three law firms announcing plans to expand abroad. Pinsent Masons has joined forces with Saudi Arabian law firm Alsabhan & Alajaji ...
Oil Prices Up On Lower U.S. Crude Stocks
December 14th, 2017
Oil prices rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this week. U.S. West Texas Intermediate (WTI) crude futures were at ...
Oil prices surge to over $65 for the first time in over 2 years
December 12th, 2017
Brent crude has surged to its highest level since June 2015, trading above $65.00 per barrel. Earlier this month, The Organization for Petroleum Exporting Countries (OPEC) and non-member states, led by Russia, struck a deal to extend production cuts ...