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oil

OPEC logo

OPEC 167th Meeting concludes

08/06/2015(0)
The 167th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Friday, 5th June 2015 under the Chairmanship of ... Read More
shell-logo

Shell Expects Oil Rebound as Shale Fails to Fill Supply Gap

04/06/2015(0)
Royal Dutch Shell Plc sees oil prices rising because supply from shale drilling in the U.S. won’t be enough to satisfy growing global demand. The industry needs to find ... Read More
OPEC logo

What will Opec do about the oil supply?

03/06/2015(0)
With oil prices down some 40% in a year, the oil ministers of the Organization of the Petroleum Exporting Countries (Opec) are once again getting together in Vienna this ... Read More
oil-pipes

Expect The Recent Oil Rally To End Badly If OPEC Doesn’t Cut

02/06/2015(0)
The U.S. rig count dropped by 10 rigs this week after only falling by 3 last week. No doubt some analysts will say that this increase is somehow important ... Read More
oil platform

Oil and gas needs focused portfolio management to address decade-long decline in return on capital

28/05/2015(0)
Global oil and gas companies must evolve their approach to portfolio management to improve return on capital (ROC) and remain resilient in today’s increasingly challenging market, according to EY’s ... Read More
oil and gas - britain

Oil Bears Miss Out as Record U.S. Refinery Demand Drives Rally

25/05/2015(0)
Oil speculators missed out as record demand from U.S. refineries helped trim supplies from their highest level in more than eight decades and drive prices higher. Hedge funds and ... Read More
OPEC logo

OPEC Struggling To Keep Up The Pace In Oil Price War

21/05/2015(0)
Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil ... Read More
oil well

Oil price to reach $80 by 2017 – Iranian oil minister

19/05/2015(0)
Iran hopes its crude oil exports will be back to the pre-sanctions level of 2.5 million barrels per day (bpd) and the oil price to rise to around $80 ... Read More
Oil_well

Hedge Funds Lose Faith in Oil Rally as OPEC Seen Boosting Supply

18/05/2015(0)
Speculators are losing faith in the oil rally, judging that OPEC will keep increasing supply from the highest level since 2012. Their net-long position in West Texas Intermediate crude ... Read More
Russia's president Vladimir Putin

Putin’s Next Takeover Target Is Oil Giant’s $34 Billion Cash Pile

12/05/2015(0)
In Russia, even private companies serve at the pleasure of the president, particularly if they pump oil. A decade ago, Vladimir Putin’s allies had Mikhail Khodorkovsky jailed and seized ... Read More
Broker Cyprus TopFX