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OPEC’s El-Badri Says $200 Oil Possible With Lack of Spending

26/01/2015(0)
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 ... Read More
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Oil tycoon Harold Hamm sells company for $3 billion

22/01/2015(0)
Oil magnate Harold Hamm is selling one of his companies for $3 billion, but that kind of money still won’t make up for what he recently lost. Kinder Morgan (KMI) said ... Read More
European-Stocks

Bonds, shares, gold supported ahead of expected ECB action

21/01/2015(0)
European shares held close to a seven-year high on Wednesday and Asian shares hit a six-week peak investors bet the European Central Bank would unveil a stimulus drive to ... Read More
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Oil Prices Fall to Fresh Lows

13/01/2015(0)
Global Benchmark Brent Is 17% Lower for the Year The global oil benchmark settled below $50 a barrel for the first time in nearly six years Monday after Goldman ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Brent steady above 61 dollars

18/12/2014(0)
Brent crude held steady above $61 a barrel on Thursday, bringing a sharp drop in prices to a temporary halt as companies are forced to cut upstream investments around ... Read More
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OPEC inaction halts Europe rally; dollar firms

28/11/2014(0)
Oil prices extended their recent slide on Friday, sending related shares and currencies lower, after OPEC decided to refrain from cutting output despite a supply glut. Brent crude LCOc1 ... Read More
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FOREX – Euro dips as Spanish consumer prices fall more than expected

27/11/2014(0)
The euro fell against the dollar on Thursday after data showed Spanish consumer prices falling more than expected, firming up expectations that the European Central Bank will have to ... Read More
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West TX Oil Clings to $98 on Further Draws on Supply

12/08/2014(0)
U.S. crude oil edged up on Monday as traders moved to cover short positions amid expectations on further draws in domestic crude inventory stocks. Brent was weaker but the ... Read More
Oil_well

Oil Falls After Strong Global Supplies

07/08/2014(0)
Brent crude traded near its lowest closing level in nine months on speculation that supplies remain sufficient to meet demand. West Texas Intermediate was near a six-month low. Futures ... Read More
CRUDE-OIL

Brent Oil Steady at $106 on Ample Supply

01/08/2014(0)
Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April ... Read More
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