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oil

asian-shares-japan

Asian Shares Fall on Europe Turmoil; Yen Weakens After BOJ Move

20/12/2016(0)
Japanese shares erased losses and the yen weakened after the Bank of Japan upgraded its assessment of the world’s second-largest economy. Gold retreated and treasuries dropped. Japan’s Topix index ... Read More
A fuel pump assistant fills cars with petrol at Budaiya Fueling Station west of Manama, Bahrain

Oil prices rise as planned oil production cuts start to materialize

16/12/2016(0)
Oil prices rose on Friday after Kuwait appeared to be lining up bigger supply cuts than had been initially expected from January as part of a coordinated effort by ... Read More
Traders gesture at each other while working in the crude oil and natural gas options pit on the floor of the New York Mercantile Exchange

Crude stocks down, though inventories up again in Cushing

15/12/2016(0)
U.S. crude stocks fell last week as refineries hiked output, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration said on Wednesday. Crude inventories fell by ... Read More
Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad

Lukoil: Oil price of $60 per barrel will be dominant in 2017

12/12/2016(1)
Lukoil expects that in 2017 oil prices will be around $60 per barrel, Vice President of Lukoil Leonid Fedun said on Friday. “If we analyze the history of such ... Read More
High-gas-prices

Oil prices soar on global producer deal to cut crude output

12/12/2016(0)
Oil prices shot to their highest levels since mid-2015 on Monday after OPEC and other producers reached their first deal since 2001 to jointly reduce output in order to ... Read More
oil

Oil Advances With Asian Stocks While Bonds, Korean Won Decline

09/12/2016(0)
Bonds retreat after ECB says it will slow asset purchases European index futures little changed at the start of trading Oil rose a second day before a meeting between ... Read More
oil

Crude imports by China will probably slow by more than 60 percent in 2017

08/12/2016(0)
China demand growth seen slowing as space for stockpiles fills Asia’s biggest buyer also seen reining in private refiners One of the biggest engines soaking up the world’s oil ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Oil price heads to $55 despite expected output rise

06/12/2016(0)
Russia and Saudi Arabia predicted to increase exports before agreed cuts start in January The oil price is powering on, adding to a 14 per cent advance since the ... Read More
italy-votes

Euro Slips With Asian Stocks While Bonds Rise as Italy Votes No

05/12/2016(0)
Renzi to resign as referendum defeated; Kiwi down as Key quits Yuan falls offshore on Trump tweets; oil drops on U.S. output The euro retreated with stocks, while bonds ... Read More
An employee of Cosmo Energy Holdings' Cosmo Oil service station checks its nozzles at a branch in Tokyo

Oil price rally likely short-lived as OPEC deal not enough to reduce glut

02/12/2016(0)
The oil price rally sparked by an OPEC-Russia deal to cut output is likely to be short-lived, say traders in Asia, because the agreement may only draw more supplies ... Read More
Broker Cyprus TopFX