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oil

oil

OPEC Going Broke, Dumping Dollars. Is That Good Or Bad?

15/04/2015(0)
When oil prices fell out of bed last winter there was much hand-wringing over the fate of the former beneficiaries of high-priced crude. Trillions of dollars of junk bonds ... Read More
oil-well

Shale Output Is Falling Faster Than Expected

15/04/2015(0)
Shale drillers will see production drop sooner than expected under a U.S. government forecast, a momentum change that hints at an eventual price rally. Just five months after Saudi ... Read More
West Texas Oil

Central Banks at Zero Failing to Turbocharge Effect of Cheap Oil

09/04/2015(0)
Central bankers unable to cut interest rates are failing to turbocharge the effect of declining oil prices. Economists at Oxford Economics Ltd., a U.K.-based research group, say policy makers ... Read More
oil-well

Saudi Arabia’s move for larger global oil market share to adversely affect Russian economy

09/04/2015(0)
The feedstock production growth in Saudi Arabia will adversely affect the Russian economy, Kuwait-based oil expert Kamel al-Harami says Saudi Arabia is seeking after the larger OPEC’s share on ... Read More
shell

BG Group agrees to £45bn takeover by Royal Dutch Shell in oil mega-merger

08/04/2015(0)
Oil giant Royal Dutch Shell is to announce a takeover of BG Group today, in a deal valuing gas producer BG at around £45bn. Shell is expected to pay a premium of ... Read More
oil - petrol - A man fills up his car

Oil down on U.S. stock build, record Saudi output

08/04/2015(0)
Oil prices fell more than a percent on Wednesday as industry data showed a larger-than-expected weekly build in U.S. stockpiles and as Saudi Arabia reported record output in March. The decline in ... Read More
oil-well

Saudis Raise Oil Pricing to Asia on Signs of Demand Growth

06/04/2015(0)
Saudi Arabia, the world’s largest crude exporter, raised pricing for all May sales to Asia, after the country’s oil minister said global demand was improving. State-owned Saudi Arabian Oil ... Read More
iran-oil-rig

Iran Moves Closer to Restoring Oil Exports on Nuclear Accord

03/04/2015(0)
Iran’s accord with world powers brings the OPEC member a step closer to restoring oil production that was cut by sanctions while leaving unresolved when it will happen. The ... Read More
Brent Crude Oil

Oil retreats from large jump as focus returns to Iran talks

02/04/2015(0)
Oil prices fell on Thursday as attention returned to nuclear talks with Iran, with the prospects for a deal and an increase in Iranian crude exports helping to keep pressure ... Read More
oil-well

Oil extends losses as deadline for Iran nuclear deal looms

31/03/2015(0)
Oil futures extended losses on Tuesday, as Iran and six world powers ramped up the pace of negotiations to reach a preliminary deal that could ease sanctions and allow more Iranian ... Read More
Broker Cyprus TopFX