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oil

factory petro-hemicals

Oil Price Collapse Triggers Currency Crisis In Emerging Markets

24/08/2015(0)
Emerging market currencies are getting slammed by the collapse in commodity prices, a downturn that has accelerated in recent weeks. The health of many middle-income and emerging market economies ... Read More
oil - petrol - A man fills up his car

IEA Sees Oil Glut Enduring in 2016 After Reaching 17-Year High

12/08/2015(0)
The global oil glut will last through next year as surging demand and faltering supply growth fail to clear the surplus, according to the International Energy Agency. Record inventories ... Read More
bank of russia

Bank of Russia Gets Putin’s Praise, Opts for Verbal Intervention

10/08/2015(0)
Russian President Vladimir Putin commended the central bank for its efforts to keep the ruble stable after policy makers called for calm as the currency headed for a six-month ... Read More
Asian stocks

Asia Stocks Swing as Aussie, Copper Slide on China; Oil Retreats

10/08/2015(0)
Asian stocks swung between gains and losses and the Australian dollar slipped after a slump in Chinese exports and producer prices. Copper fell, while crude oil retreated toward this ... Read More
arab markets

OPEC leader Saudi Arabia is having to borrow money

07/08/2015(0)
Saudi Arabia is not as rich as you thought. The oil kingdom is facing a big hole in its budget, caused by the slump in oil prices and a ... Read More
UAE stock market

Gulf markets edge up on Q2 results, firmer oil

06/08/2015(0)
Most Gulf stock markets edged up early on Wednesday as Brent oil climbed back above $50 per barrel and shares in DAMAC soared after the Dubai developer reported a ... Read More
oil - petrol - A man fills up his car

Oil hovers near multi-month lows, Brent below $50

06/08/2015(0)
Oil hovered near multi-month lows on Thursday with Brent under $50 a barrel after investors sold crude on worries about rising U.S. gasoline inventories as peak summer demand comes ... Read More
bp-7-overall-world-consumption

Snapshots of the Global Energy

29/07/2015(0)
When the BP Statistical Review of World Energy is published each year, I skim through the figures and tables as a way of grounding myself in some basic facts. Here’s are ... Read More
bp

BP Has Worst Profit in 10 Years on Libya Write-Off, Trading

28/07/2015(0)
BP Plc reported the lowest quarterly profit in at least 10 years after a boom in trading faded and the conflict in Libya forced almost $600 million of writedowns. ... Read More
oil

Morgan Stanley expects oil crisis worse than in 1986

24/07/2015(0)
Analysts from Morgan Stanley, who had predicted the 2015 in drop in oil prices to be as steep as in 1986, now say that it may be much worse. ... Read More
Broker Cyprus TopFX