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news analysis

oil-well

Russia to freeze oil output at January level – Putin

03/03/2016(0)
President Vladimir Putin has said Russia will freeze this year’s oil output at January’s production level. An agreement was reached during his meeting with the heads of the country’s ... Read More
greece-ecb

Greece Latest: New payouts and the start of debt relief talks may delay

03/03/2016(0)
Euro zone, IMF split over how much Greece needs to reform Euro zone lenders and the International Monetary Fund disagree over how much more Greece needs to do to ... Read More
natural gas pipes

Russian gas from Greece to Italy; the New project

29/02/2016(0)
Gazprom revives ‘Poseidon’ Adriatic link Gazprom has revived a project that would see an offshore pipeline built to bring Russian gas from Greece to Italy. The new project is ... Read More
Gulf countries

Arab States Face $94 Billion Debt Crunch on Oil Slump, HSBC Says

29/02/2016(0)
$52 billion of bonds, $42 billion of loans due this, next year Refinancing challenging with slow growth, rating downgrades Gulf Cooperation Council countries may struggle to refinance $94 billion ... Read More
business_hsbc

HSBC keeps its headquarters in London in victory for UK capital

16/02/2016(0)
Banking giant HSBC is set to keep its headquarters in London, ending months of speculation that it could move abroad. The company’s 23-year stay in the capital will continue ... Read More
olive

Europe feels pain from olive oil crisis

15/02/2016(0)
Europe’s consumers are facing a 20 per cent rise in the price of olive oil after bad weather and disease devastated the continent’s olive harvest. Olive farmers in Spain ... Read More
oil

OPEC expects rivals to pump out less oil in 2016

10/02/2016(0)
Oil cartel OPEC has cut its forecasts for how much its rival producers will produce in in 2016, while the 12-member group continues to ramp up its own production ... Read More
Bijan-Zangeneh

Iran ready to discuss oil with Saudis

10/02/2016(0)
Iran’s Oil Minister Bijan Zangeneh said on Tuesday that Iran is ready to negotiate with Saudi Arabia over the current conditions in international oil markets. “We support any form ... Read More
oil

IEA releases Oil Market Report for February

10/02/2016(0)
As signs of a demand slowdown surface, higher OPEC output only partly offsets non-OPEC decline Having peaked, at a five-year high of 1.6 million barrels per day (mb/d) in ... Read More
Italian flag

Italy’s bad bad bank

08/02/2016(0)
Europe’s plan for a bad bank in Italy, it turns out, is to not have a bad bank at all. Given how long it has taken, any news is ... Read More
Broker Cyprus TopFX