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oil

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India to OPEC: We’ll take that extra oil you’re pumping

30/03/2016(0)
India’s got an oil problem. The country’s lightning-fast growth rate is fueling increased demand for crude. Yet India doesn’t pump much oil at home, forcing it to rely on ... Read More
barclays

Barclays Warns Commodities May Slump on a `Rush for the Exits’

29/03/2016(0)
Oil may drop to low $30s a barrel in selloff, Norrish writes Raw materials `vulnerable to a wave of investor liquidation’ Commodities including oil and copper are at risk ... Read More
crude

Oil to rebound to around $50 by year end – Saxo Bank

28/03/2016(0)
Several factors are helping oil prices gain ground The past two months of oil price volatility have taken its toll on the financial markets, with the main culprits for ... Read More
High-gas-prices

Low Oil Prices Forcing Saudi Arabia To Modernize Economy

28/03/2016(0)
The collapse in oil prices is forcing Saudi Arabia to undertake some deep and fundamental changes to its economy, reforms that no amount of browbeating from organizations like the ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Oil prices tumbled 4 percent; U.S crude settling below the key $40 per barrel

24/03/2016(0)
Oil prices tumbled 4 percent on Wednesday, with U.S crude settling below the key $40 per barrel mark after a sixth straight week of record highs in stockpiles that ... Read More
Saudi-Aramco

Saudis to take control of largest U.S. refinery

22/03/2016(0)
The crown jewel among America’s oil refiners may soon be owned by Saudi Arabia. Saudi Aramco, the state oil company of OPEC’s most powerful player, recently announced plans to ... Read More
rosnefto

Russia Deals Deepen India Hold in China Oil-Buying Backyard

22/03/2016(0)
India lift stakes in Siberia fields connected to ESPO pipeline China is biggest buyer of Russian crude, including ESPO supply India is expanding its footprint in China’s backyard by ... Read More
opec-1

Non-Opec member Oman yet to be invited to Doha meeting

21/03/2016(0)
Oman has said it’s yet to receive an invite to a historic meeting of oil producers, where they’re expected to discuss freezing output to support prices. This is despite ... Read More
oil and gas platforms

Oil prices jump to $40

18/03/2016(0)
Crude oil is back from the dead — for now at least. Oil prices jumped to $40 a barrel on Thursday for the first time since early December. The ... Read More
shell

Shell, Saudi Aramco Plan to Break Up Motiva Partnership

17/03/2016(0)
Ownership of biggest refinery in the U.S. will shift to Saudi Arabia’s hands Oil giants Royal Dutch Shell PLC and Saudi Arabian Oil Co. plan to end their long-standing fuel partnership, ... Read More
Broker Cyprus TopFX