The crown jewel among America’s oil refiners may soon be owned by Saudi Arabia. Saudi Aramco, the state oil company of OPEC’s most powerful player, recently announced plans to ... Read More
Oil fell below $37 a barrel on Thursday, after new data showed OPEC is still pumping like there is no tomorrow. The mighty oil cartel produced 31.7 million barrels ... Read More
Brent crude futures dipped on Monday as traders remained cautious ahead of an OPEC meeting later this week and as a widely expected U.S. interest rate hike strengthened the ... Read More
Tie-Up’s success hangs on approval from China and Australia’s Foreign Investment Review Board Australia’s antitrust regulator won’t stand in the way of Royal Dutch Shell PLC’s takeover of BG Group PLC, brushing aside its earlier ... Read More
$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
Topix holds gains as Bank of Japan leaves policy unchanged Euro, ringgit rally as Fed signals tightening will be gradual Stocks rallied across Asia after U.S. Federal Reserve meeting ... Read More
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
The Oil market has quietened down recently after the solid moves seen at the end of last month. It has subsequently found a range, but the fundamentals haven’t changed, ... Read More
Global oil demand growth slowing even as OPEC output at three-year high; OECD industry inventories surge to record Global oil demand growth is forecast to slow to 1.2 million ... Read More
The oil market got a bit of a shock late Wednesday, when the American Petroleum Institute’s supply data were released. U.S. crude-oil supplies as of the week ended Feb. ... Read More
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