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Brent crude and WTI: Oil prices jump on renewed Opec deal chatter – but analysts aren’t convinced

12/02/2016(0)
Crude prices jumped today as renewed chatter about a possible production cut deal swirled around oil markets. Brent crude, the global benchmark, jumped four per cent to $31.26 per barrel. ... Read More
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Asian markets: Japan’s Nikkei slides further amid concerns over European banking sector

12/02/2016(0)
While China’s Shanghai Composite remained closed for the Lunar New Year holiday, the majority of stock indices across Asia including Japan’s Nikkei 225 were trading lower on 12 February. ... Read More
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Asia markets close mixed; Hong Kong shares tumble

11/02/2016(0)
Asian markets closed mixed on Thursday as investors digested remarks from Federal Reserve Chair Janet Yellen and oil remained volatile. Hong Kong’s Hang Seng index, which resumed trading today after ... Read More
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OPEC expects rivals to pump out less oil in 2016

10/02/2016(0)
Oil cartel OPEC has cut its forecasts for how much its rival producers will produce in in 2016, while the 12-member group continues to ramp up its own production ... Read More
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Deutsche Bank shares soar 11% on bond buyback speculation

10/02/2016(0)
Deutsche Bank shares have bounced back, after hitting a 30-year low on Tuesday, on reports that it will instigate an emergency bond buyback plan. Shares in the bank soared ... Read More
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The five fears stalking the global banking industry

10/02/2016(0)
China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year Banking shares have come under pressure this week as investors express fears ... Read More
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Oil prices rebound from sharp selloff; more volatility expected

10/02/2016(0)
Crude oil prices pushed higher on Wednesday after Iran said it was open to cooperation with Saudi Arabia, partly recovering from an 8 percent fall in the previous session ... Read More
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Nikkei extends losses with banks, commodities stocks under pressure

10/02/2016(0)
Monkeys threw a wrench into Asian markets in the Lunar New Year’s first week of trading, with sharp sell-offs in Japan, Singapore, and Down Under on Wednesday. In Australia, ... Read More
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Oil Trades Near $31 After Saudi-Venezuela Talks as Bets Increase

08/02/2016(0)
Al-Naimi speaks with counterpart about other producer meetings Vitol CEO says crude to stay between $40 and $60 for 10 years Oil traded near $31 a barrel after Saudi ... Read More
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OPEC, Russia talk of oil teamwork, but Saudi talks of investment

26/01/2016(0)
Senior OPEC and Russian oil industry officials stepped up vague talk on Monday of possible joint action to remedy one of the worst supply gluts in decades, while Saudi ... Read More
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