Oil prices dropped to fresh 5-1/2-year lows on Monday on worries about a surplus of global supplies and lackluster demand. Russia’s oil output hit a post-Soviet high last year, ... Read More
Russia’s crude oil output rose by 0.6% in 2014 from the previous year to a post-Soviet high of 526.75 million tons, according to data released by the fuel and ... Read More
Opec’s refusal to cut production sent the price of oil down below $60 a barrel Performance in 2014: -45.1% What happened? After hitting a peak of around $115.71 on ... Read More
The drop of oil prices in the past six months is all over the headlines with all sorts of opinions about how this is good or bad for economies ... Read More
Brent crude prices fell below $60 per barrel for the first time since July 2009 on Tuesday, prompting analysts to warn of a “dramatic” cut in investment – which ... Read More
Asian shares were mostly lower on Monday after sobering data highlighted the sluggishness of the region’s key economies and tempered the lift from much stronger-than-expected U.S. employment numbers. Spreadbetters ... Read More
Almost two-thirds of commodity market participants say that benchmarks used to set the price of everything from crude oil to ethanol to zinc are vulnerable to manipulation, according to ... Read More
Why the Fed Bubble Is Likely to Burst After more than five years of aggressive accommodation from the world’s central banks, there are many charts that suggest the tremendous run-up ... Read More
OPEC leader Saudi Arabia and fellow member the United Arab Emirates signalled on Wednesday they were unlikely to push for a major change in oil output at the group’s meeting this ... Read More
Santos Ltd. (STO), set to start output at its $18.5 billion natural gas project in the second half of next year, is studying a sale of hybrid notes in ... Read More
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