oil markets

factory petro-hemicals

OPEC is winning the oil war

15/09/2015(0)
Oil markets may not balance until late 2016, but supply is finally contracting in a big way. Early last week the EIA confirmed that U.S. oil production was down sharply since ... Read More
oil

The Saudi Oil Price War Is Backfiring

10/08/2015(0)
Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, ... Read More
Brent Crude Oil

Brent rises above $50 ahead of U.S. oil stocks data

05/08/2015(0)
Benchmark Brent crude oil prices rose above a key support level of $50 on Wednesday, recovering from multi-month lows, as investors await U.S. oil inventories data to gauge supply. ... Read More
oil-well

Oil Faces Steep Downside Risk From China’s Stock Market

01/07/2015(0)
Oil markets face a lot of downside risk – high crude oil inventories in both the U.S. and Europe, resilient production from U.S. shale, increasing output from OPEC, a nuclear ... Read More
oil - petrol - A man fills up his car

Oil falls after Greek election sends euro tumbling

26/01/2015(0)
Oil slid in early Asian trade on Monday, with U.S.crude falling close to a six-year low, after Greece’s election results heightened uncertainty in the euro zone and depressed the bloc’s currency against the ... Read More
oil platform

Oil prices hit fresh lows, no end in sight to slump

07/01/2015(0)
Oil prices hit fresh five-and-a-half-year lows on Wednesday as global business growth slowed to its weakest level in a year and analysts said a building supply glut meant that ... Read More
oil

Global oil surplus to disappear gradually next year

17/10/2014(0)
The oil markets are concerned that there is too much oil currently available on the market, and that, as a consequence, oil prices may continue to tumble. Saudi Arabia ... Read More
oil

Symmetry between prices of gold and crude oil coming apart

27/06/2014(0)
A five-year symmetry between international prices of gold and crude oil is coming apart with investors drifting away from the yellow metal as their risk aversion diminishes. Historically, both ... Read More
Broker Cyprus TopFX