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oil

oil - petrol - A man fills up his car

Oil Price Paradox: Gasoline Could Be Even Cheaper

03/11/2015(0)
The price of gasoline is declining more slowly than oil, illustrating how consumers aren’t fully benefiting from falling commodities prices. Typically, gas prices go up and down in tandem ... Read More
shell-logo

Shell Leads $19 Billion of Gas, Oil Writedowns in Just One Week

30/10/2015(0)
Shell leads writedowns with $8.2 billion in impairments Predictions of future cash flow have fallen along with prices More than $19 billion in oil and gas writedowns have been ... Read More
UAE-Burj-Khalifa-Dubai

Saudi Arabia warned financial assets may be drained within five years

22/10/2015(0)
The IMF has warned that regional economies could burn through their financial buffers within five years as they face a $700 billion deficit. The fund lowered its projection for ... Read More
oil - petrol - A man fills up his car

Oil rises as Syria fighting intensifies; U.S. worries over hurricane fade

02/10/2015(0)
Crude prices rose on Friday as fighting in Syria intensified, but remained on course to end the week largely unchanged as a hurricane was seen as less likely to affect U.S. ... Read More
gazprom

Gazprom Responds to EU Charges of Hindering Competition, Unfair Pricing

29/09/2015(0)
Russian energy firm proposed a settlement with regulators last week OAO Gazprom on Monday sent its response to European Union charges that the Russian energy firm hindered competition and ... Read More
gold-stones

Gold dips as Yellen says Fed on track to hike rates this year

25/09/2015(0)
Gold dropped from its highest in a month on Friday as the dollar rallied on an assurance from Federal Reserve chair Janet Yellen that the U.S. central bank would ... Read More
saudi-arabia

IMF: Four Things You Need to Know about Saudi Arabia’s Economy (Video)

10/09/2015(0)
Saudi Arabia’s oil policy has an important impact on the global oil market. This year, Saudi Arabia has increased its crude oil production to a record level, re-establishing it ... Read More
shell-logo

Mergers: Commission clears acquisition of BG Group by Royal Dutch Shell

03/09/2015(0)
The transaction was cleared as it will not grant Shell market power in oil and gas exploration, LNG liquefaction or LNG wholesale supply. Shell will also not be able ... Read More
oil - petrol - A man fills up his car

Oil recovers but still ends near 6-1/2-year lows

26/08/2015(0)
 U.S. crude rises 3 pct after Monday tumble, Brent up 1 pct China cuts interest rates, helping global stock market rebound EIA seen citing a 1.0 mln-barrel build in U.S. ... Read More
saudi-arabia

Oil’s Drop Puts Spotlight on Saudi Arabia

25/08/2015(0)
Some OPEC members call for renewed discussions within cartel about restraining production The plunge in global oil prices has eroded an important pillar of Saudi Arabia’s strategy of pumping ... Read More
Broker Cyprus TopFX