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oil and gas - britain

Oil Prices Drop as Chances Fade for Output Cuts

02/02/2016(0)
Coordinated cutbacks considered less likely after Iran raises its export target Oil prices gave back a big chunk of last week’s gains, with traders losing hope that the world’s ... Read More
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Asia markets trade lower, focus on oil, earnings and central banks

02/02/2016(0)
Asia markets closed mostly lower on Tuesday, weighed by declines in the energy sector as oil prices continued to tumble. Japan’s Nikkei 225 lost 114.55 points, or 0.64 percent, ... Read More
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HSBC to freeze salaries, hiring in 2016 in battle to cut costs

01/02/2016(0)
Europe’s largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016, two sources familiar with the matter told Reuters. An email was sent ... Read More
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Russia holds key rate at 11% as economy lags

01/02/2016(0)
Russia kept its interest rate steady on Friday but announced it wouldn’t rule out tightening monetary policy if inflation risks rise, after a month in which the ruble dropped ... Read More
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In Iran, New Battle Brews Over Contracts With Foreign Oil Giants

01/02/2016(0)
A political battle is taking shape in Iran over any new foreign role in developing the country’s enormous oil wealth, only a few weeks after the Iranian nuclear deal ... Read More
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Oil prices slip on weak Asian data, fading prospect of output cut

01/02/2016(0)
Oil prices dropped on Monday after China and South Korea posted surprisingly weak economic data, while fading prospects for a coordinated production cut by leading crude exporters also dragged ... Read More
Asian Stocks

Asia trades mixed after data shows January fall in China factory activity

01/02/2016(0)
Asia markets traded mixed Monday afternoon, with major indexes in Australia, Japan and South Korea extending gains after the Bank of Japan’s (BOJ) surprise move into negative interest rates ... Read More
Spanish Flag

Spanish unemployment sees record fall

29/01/2016(0)
Spanish unemployment figures have experienced their biggest annual fall but unemployment remains at over 20%. The National Statistics Institute said the number of unemployed Spaniards fell by 12.4% to ... Read More
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Israel, Greece and Cyprus to explore gas pipeline to Europe

29/01/2016(0)
Greece, Israel and Cyprus will explore the possibility of building a natural gas pipeline to Europe, tapping huge gas reserves discovered in the eastern Mediterranean in recent years, leaders ... Read More
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OPEC States Say No Meeting Planned as Russia Floats Talks

29/01/2016(0)
One Gulf member says Saudis have no proposal to cut output 5% Oil extends gains after closing Thursday at three-week high OPEC delegates said they have no meeting planned ... Read More
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