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crude oil

oil-well

Oil Prices Slip on Bearish Inventory Data

20/11/2015(0)
$40 a barrel seen as a key level by market participants U.S. oil prices dipped below $40 a barrel several times Thursday, as heavy stockpiles continued to push crude ... Read More
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Why OPEC Can’t Win The Oil Price War

19/11/2015(0)
As the oil price war unfolds it becomes easier to understand the outcome. There is ongoing speculation about the motives of the main players. Is it a battle between OPEC ... Read More
Oil_well

Oil prices edge up on reports of falling inventories, but glut remains in place

18/11/2015(0)
Oil prices edged up on Wednesday following reports of falling stockpiles and rising refinery activity, but analysts said the market would remain under pressure for the rest of the ... Read More
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Oil Approaching $40 Deepens Investor Pessimism on Recovery

17/11/2015(0)
Hedge funds’ short position grew 21% through Nov. 10: CFTC IEA sees `massive cushion’ worldwide on record production Hedge funds have turned more pessimistic on oil as prices flirted ... Read More
oil-well

IEA releases Oil Market Report for November

16/11/2015(0)
Non-OPEC output to slip more than 0.6 mb/d in 2016 as demand growth slows to 1.2 mb/d from five-year high Global demand growth is forecast to slow to 1.2 ... Read More
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Oil edges up after Paris attacks, French air strikes in Syria

16/11/2015(0)
Crude oil futures rose on Monday as France launched large-scale air strikes against Islamic State in Syria, but analysts said oil and other commodities were expected to remain under ... Read More
oil

Oil prices drop on rising stockpiles, Japan recession fears

11/11/2015(0)
Crude oil prices fell on Wednesday after industry data showed an increase in U.S. stockpiles, while fears that Japan’s economy may have fallen into recession added to demand woes. ... Read More
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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
oil - petrol - A man fills up his car

UAE petrol prices to drop to subsidised levels in November

29/10/2015(0)
 Most drivers will pay less for petrol next month than they did when fuel was subsidised. Super will cost Dh1.81 a litre, Special Dh1.70 and diesel Dh1.87 – all ... Read More
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Crude oil treads water as oversupply, China economy concerns persist

14/10/2015(0)
Crude oil futures traded largely unchanged on Wednesday after falling by just over one percent in the previous session on an International Energy Agency report that said the market ... Read More
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