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oil price

wall-street

FTSE 100 index plunges into ‘bear market’ territory as oil price rout wipes another £52bn off top-flight share values

21/01/2016(0)
Footsie plunged 203 points or 3.5% to close at 5,673 That means £52bn has been wiped off blue-chip share values today Now more than 20% below April 2015’s 7,103 ... Read More
Oil_well

US oil boom reduces Middle East influence on oil price

07/01/2016(0)
The US oil boom has changed the world’s geopolitics of energy, reducing the influence of the Middle East on oil prices, the American Petroleum Institute (API) said on Wednesday. ... Read More
oil

OPEC Heads for Status Quo as Members Clash Over Output Cut

04/12/2015(0)
Saudi Arabia opposes cuts without Russian participation Venezuela rallies cash-strapped members to support output cuts OPEC looked on track to maintain the status quo after member states clashed over ... Read More
oil and gas - britain

Oil is expected to reach new lows – CNBC Oil Survey

03/12/2015(0)
OPEC is not expected to take any action this week to prop up oil prices, which have yet to hit rock bottom, according to a new CNBC Oil Survey. ... Read More
oil well

Brent slips on OPEC worry; U.S. crude steady ahead of inventory data

02/12/2015(0)
API says U.S. crude inventories rose by 1.6 mln bbls last week Reuters poll had cited 500,000 bbls draw instead U.S. crude falls in post-settlement trade after API data ... Read More
oil-well

Russia and Saudi Arabia Battle for Control of European Oil Market

01/12/2015(0)
Both Russian and Saudi companies have aggressively discounted their crude exports to Europe, dimming hopes of production cuts A contest for dominance in Europe’s oil market is heating up ... Read More
saudi-arabia

Don’t expect Saudi Arabia to back down when OPEC meets

26/11/2015(0)
Cartel may ‘splinter as each country has different agendas and priorities’ Despite a nearly 30% fall in oil prices since a June meeting, don’t expect the Organization of the ... Read More
oil and gas - britain

Big Oil: Which Are The Top 10 Biggest Oil Companies?

25/11/2015(0)
Energy analysts are paying a lot of attention to which companies are cutting back on drilling, which are going bankrupt, and who will be able to survive the downturn. ... Read More
oil well

OPEC Seen Holding the Line as $40 Crude Looms Over Vienna

24/11/2015(0)
All 30 analysts surveyed see OPEC policy unchanged on Dec. 4 Saudi strategy taking effect even as other members protest It’ll take more than $40 crude to make OPEC ... Read More
opec-1

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
Broker Cyprus TopFX