oil

rolls-royce

Rolls-Royce cuts another 800 marine division jobs

01/12/2016(0)
Rolls-Royce Holdings PLC RYCEY, +0.41% will reduce its marine division’s workforce by a further 800 as part of a plan to reduces losses at the unit. The British aircraft-engine ... Read More
A pumpjack drills for oil in the Monterey Shale

What the OPEC Production Cut Will Really Mean for Oil Prices

01/12/2016(0)
Crude oil prices–and the shares of U.S. oil and gas companies–surged over 8% Wednesday as the Organization of Petroleum Exporting Countries (OPEC) agreed to cut its output by some ... Read More
A gas pump is seen hanging from the ceiling at a petrol station in Seoul

Oil prices surge, smash trading volume records as OPEC and Russia agree output cut

01/12/2016(0)
Oil prices shot up 13 percent, smashing trading volume records, after OPEC and Russia cut a deal to reduce output to drain a global supply glut, but analysts warned ... Read More
Asian Stocks

Asia Stocks Rise Most in Three Weeks as Oil Hits $50, Bonds Drop

01/12/2016(0)
U.S. oil climbs above $50, building on 9.3% gain on Wednesday Private jobs data adds to U.S. rate outlook before payrolls Asian equities rallied the most in three weeks ... Read More
opec

OPEC reportedly reaches agreement to cut oil production

30/11/2016(0)
OPEC has reached a deal amongst all 14 member countries to curtail oil production for the first time since 2008, according to several media reports. Multiple media reports, citing ... Read More
File photo illustration of South Korean won, Chinese yuan and Japanese yen notes seen on U.S. 100 dollar notes

The dollar climbed 0.4 percent to 112.78 yen

30/11/2016(0)
Output pact under threat as day of Vienna meeting dawns Greenback climbs with Treasuries premium at nine-year high Oil held below $46 a barrel ahead of a make-or-break OPEC ... Read More
Brent Crude Oil

Oil prices edge up ahead of OPEC meeting

30/11/2016(0)
It’s all getting very nervy ahead of the Organisation of the Petroleum Exporting Countries‘ (Opec) meeting later today. Members of the producer cartel will be trying to get the ... Read More
china-markets

Asia stocks trim gains as liquidity fears jolt China markets

30/11/2016(0)
Asian stocks tried to stabilize after a rocky November month drew to a close, but Wednesday’s session brought new anxieties as Chinese equities and commodities tanked amid worries that ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil Retreats Below $47 Before OPEC Meeting as Metals Snap Rally

29/11/2016(0)
Copper suffers in first loss for seven days; zinc, nickel down European stocks open lower with Italy focus; Asia shares mixed Oil retreated back below $47 as OPEC members ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices fall over doubts of planned crude output cut

28/11/2016(0)
Oil prices fell on Monday, adding to Friday’s steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday ... Read More
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