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oil

russia oil

Russia calls Saudi bluff after Riyadh threatens to spice up oil output

21/04/2016(0)
The Russian Power Ministry says it’s prepared to extend oil manufacturing and exports ought to Saudi Arabia undergo with its menace to spice up output after the failure of ... Read More
Currency signs of Japanese Yen, Euro and the U.S. dollar are seen on a board outside a currency exchange office at Narita International airport

Commodity currencies at ten-month highs as oil boosts risk sentiment

19/04/2016(0)
Commodity currencies like the Australian and New Zealand dollars soared to 10-month highs against the U.S. dollar, drawing support from oil prices which stabilized from a slide and underpinned ... Read More
japan

Dollar gains as investors move back into stocks, oil

19/04/2016(0)
The yen was lower against its rival currencies in Asian trade Tuesday, with improved market sentiment prompting sales of the safe-haven Japanese currency. The U.S. dollar USDJPY, +0.47%  advanced to as high ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

World’s Top Traders Say the Worst Is Over for Oil

13/04/2016(0)
CEOs from Gunvor, Mercuria and Trafigura predict higher prices Oil traders expect “tougher” 2016 after boom times last year Top executives at the world’s largest oil-trading houses said the ... Read More
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym

Oil prices hold steady on strong China demand, ahead of producer meeting

12/04/2016(0)
Oil prices were stabile on Tuesday, with U.S. crude futures holding above $40 per barrel and Brent approaching $43 ahead of a meeting of major producers to discuss freezing ... Read More
High-gas-prices

Oil Prices Soar After Inventory Data

07/04/2016(0)
Chinese economic gauge also shows quicker-than-expected improvement Oil prices rallied Wednesday on an unexpected decline in U.S. crude stockpiles. Light, sweet crude for May delivery settled up $1.86, or ... Read More
saudi-arabia

Biggest Ever Saudi Overhaul Targets $100 Billion of Revenue

04/04/2016(0)
Levies on expats, energy, luxury goods, sugary drinks seen Plan is to boost non-oil revenue to balance budget by 2020 The biggest economic shake-up since the founding of Saudi ... Read More
Pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California

Oil Drops After Saudis Say Will Freeze Output Only If Iran Joins

04/04/2016(0)
Will boost sales if others lift output: Deputy crown prince Russian production expands to set post-Soviet high in March Oil extended declines after Saudi Arabia’s deputy crown prince said ... Read More
shell

Shell faces corruption probe over $1bn oil deal in Nigeria

31/03/2016(0)
Italian officials to investigate company’s role in acquisition of disputed oil block jointly owned with energy group Eni Italian anti-corruption investigators have opened a formal investigation into Shell’s acquisition ... Read More
Oil-Price-Fell

Iran Said to Attend Doha Talks Without Joining Oil Freeze

30/03/2016(0)
All OPEC members except Libya now scheduled to attend talks Russia will join meeting while Argentina, Brazil declined Iran will attend talks with fellow OPEC members and Russia in ... Read More
Broker Cyprus TopFX