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oil price

bp

BP Has Worst Profit in 10 Years on Libya Write-Off, Trading

28/07/2015(0)
BP Plc reported the lowest quarterly profit in at least 10 years after a boom in trading faded and the conflict in Libya forced almost $600 million of writedowns. ... Read More
oil-well

Will the Oil Patch Bust Trigger Recession?

23/07/2015(0)
This seemingly inexhaustible credit line is now drying up, with severely negative consequences for oil producers with debt that’s coming due. Could the oil patch bust triggered by oil ... 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

Why Oil’s Rally Is Over

22/05/2015(0)
A lot of people have got very excited as the price of WTI has bounced back from the lows reached a few months ago. If oil fails to break ... Read More
OPEC logo

OPEC Struggling To Keep Up The Pace In Oil Price War

21/05/2015(0)
Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil ... Read More
oil well

Oil price to reach $80 by 2017 – Iranian oil minister

19/05/2015(0)
Iran hopes its crude oil exports will be back to the pre-sanctions level of 2.5 million barrels per day (bpd) and the oil price to rise to around $80 ... Read More
oil-well

Oil Sector May Not Cause Financial Apocalypse After All

07/05/2015(0)
Across the oil patch, banks are starting to close off their exposure to some of the riskiest oil drillers. A new monthly survey from the Federal Reserve finds that banks that ... Read More
oil-well

Shale Output Is Falling Faster Than Expected

15/04/2015(0)
Shale drillers will see production drop sooner than expected under a U.S. government forecast, a momentum change that hints at an eventual price rally. Just five months after Saudi ... Read More
WallStreetSign

Strongest Dollar in 12 Years Sinks Stocks While Oil Slips

11/03/2015(0)
The strongest dollar in nearly 12 years versus the euro and the specter of higher U.S. interest rates fueled a selloff in global equities that sent the Standard & ... Read More
oil-company-iraq

The Price of Oil Is About to Blow a Hole in Corporate Accounting

04/03/2015(0)
There’s one place in the world where oil is still $95 a barrel. On paper. The U.S. Securities and Exchange Commission requires drillers to calculate the value of their ... Read More
Broker Cyprus TopFX