Advertise With Us
Sign up for our Newsletter
Join Our Directory
Open an Account

Oil Prices

markets

Asia trades mixed; Chinese shares under pressure

16/05/2016(0)
Asian markets ended mostly higher on Monday, as traders shrugged off data released over the weekend that revived concerns over the Chinese economy. Japan’s Nikkei 225 pared some of its over ... Read More
A worker grabs a nozzle at a PTT gas station in Bangkok

Oil prices jump as Goldman Sachs says market flips into deficit

16/05/2016(0)
Oil prices jumped over 1 percent on Monday after long-time bear Goldman Sachs said the market had ended almost two years of oversupply following global oil disruptions and flipped ... Read More
markets

Asia trades lower, as oil prices drop; Westpac shares down 3.7%

12/05/2016(0)
Asian stocks fell modestly Thursday, taking cues from declines in U.S. stocks after a string of top-flight retail companies released disappointing earnings. The U.S. markets falls came despite gains ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

Oil prices fall as Canada oil sand fields gradually return

12/05/2016(0)
Oil prices fell on Thursday, dragged down by the gradual return of Canadian oil sands output, reversing a sharp rise the previous day when the U.S. government detailed an ... Read More
Brent crude

Oil prices stable as brimming storage counters supply disruptions

10/05/2016(0)
Oil prices were steady on Tuesday as brimming inventories and a looming refined products glut offset supply disruptions in Canada and elsewhere that have taken more than 2 million ... Read More
markets

Asia mostly higher; Nikkei leads with 2% gain

10/05/2016(0)
Asia markets traded mostly higher on Tuesday, with the Japanese benchmark index leading gains in the region. The Nikkei 225 added 2.04 percent, while across the Korean Strait, the Kospi traded up 0.36 ... Read More
iran

What Saudi Arabia’s decision to replace its once-influential oil minister really means

09/05/2016(0)
Saudi Arabia’s decision to replace its once-influential oil minister is being viewed widely as the latest effort of Deputy Crown Prince Mohammed bin Salman to consolidate power and pursue what one ... Read More
Pumpjacks are seen in Lagunillas

Oil prices dip as strong dollar outweighs supply disruptions

06/05/2016(0)
Oil prices fell on Friday, dragged down by a surging dollar and sliding Chinese commodities which at least temporarily outweighed crude supply disruptions in Canada as a result of ... Read More
saudi_blueprint

Saudi Arabia looks to bring in billions of foreign dollars

05/05/2016(0)
Saudi Arabia announced a string of reforms to its stock market that could attract billions of dollars of fresh foreign money and smooth sales of state assets as the ... Read More
A petro-industrial factory is reflected in a traffic mirror in Kawasaki near Tokyo

Oil jumps on Canadian wildfire, Libyan fighting

05/05/2016(0)
Oil prices jumped on Thursday as a huge wildfire in Canada disrupted oil sands production, while escalating fighting in Libya threatened the North African nation’s output. International benchmark Brent ... Read More
Broker Cyprus TopFX