A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil falls as U.S. drilling undermines drive to tighten markets

Oil prices fell on Monday as a relentless rise in U.S. drilling undermined an OPEC-led push to tighten supply. Trading activity will be subdued on Monday due to public ... Read More

Debts, Bastiat and modern economics

Debts, Bastiat and modern economics There is a well-worn conundrum told about a stranger, who walks into the hotel in a remote, sleepy village in Mexico, and reserves a ... Read More
Brent Crude Oil

Oil drops after OPEC-led output cut extension falls below expectations

Oil extended falls on Friday after tumbling in the previous session when OPEC and allied producers extended output cuts but disappointed investors betting on longer or larger supply curbs. ... Read More
Police And Security Forces Patrol The City After Zaventem Airport And Brussels Metro Station Targeted By Deadly Bomb Blasts

What Donald Tusk said after meeting with Donald Trump

The Council of the European Union has issued today a press release to publish remarks by President Donald Tusk after meeting with President Donald Trump. Below is the press ... Read More
Oil barel fill

Oil prices rise in anticipation of extended OPEC-led output cut

Oil prices rose ahead of an OPEC meeting on Thursday that is expected to extend output cuts into 2018, adding at least nine months to an initial six-month curb ... Read More

Fitch: Portugal EDP Exit Shows Fiscal Progress; Debt Still High

The recommendation by the European Commission (EC) to end the Excessive Deficit Procedure (EDP) for Portugal underscores the strengthening in the country’s public finances following policy adjustments and an ... Read More
Oil Prices, A worker checks the valve of an oil pipe at Lukoil company owned Imilorskoye oil field outside the Siberian city of Kogalym

Oil prices stable as market expects extended production cut

Oil prices were stable on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening supply would be extended to all of 2017 and the first quarter ... Read More

China’s Stocks Drop With Aussie on Moody’s Cut

Moody’s lowers China rating on outlook for financial strength Equities in Japan, Australia and South Korea all higher China’s stocks declined after Moody’s Investors Service cut its rating on ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices fall as White House proposes U.S. oil reserve sales

Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country’s strategic oil reserves, even as producer club OPEC and its allies cut ... Read More
oil markets

Oil climbed toward $51 a barrel

Crude rises after Saudi Arabia says agreement reached on cuts Pound drops after U.K. threatens to quit Brexit negotiations Oil advanced a fourth day in the build up to ... Read More
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