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oil price

saudi-arabia

Oil’s Drop Puts Spotlight on Saudi Arabia

25/08/2015(0)
Some OPEC members call for renewed discussions within cartel about restraining production The plunge in global oil prices has eroded an important pillar of Saudi Arabia’s strategy of pumping ... Read More
oil-well

Brent Crude Falls Below $45 for First Time Since 2009 on Surplus

24/08/2015(0)
Oil in London slid below $45 a barrel for the first time since March 2009 on concerns Chinese demand is slowing just as supplies from the U.S. and Iran ... Read More
Dubai Financial Market

Arabian Gulf markets lose $58 billion as weak oil and global equity rout spark sell-off

24/08/2015(0)
Billions of dirhams were wiped off the value of Dubai shares yesterday, as stock markets across the Arabian Gulf lost US$58 billion on a day of calamitous trading. The ... Read More
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Oil Price Collapse Triggers Currency Crisis In Emerging Markets

24/08/2015(0)
Emerging market currencies are getting slammed by the collapse in commodity prices, a downturn that has accelerated in recent weeks. The health of many middle-income and emerging market economies ... Read More
oil-well

Oil wars: OPEC is winning

13/08/2015(0)
OPEC’s strategy to pump like crazy despite collapsing oil prices seems to be finally paying off: The U.S. oil industry is showing cracks. Oil supply from non-OPEC countries is ... Read More
oil - petrol - A man fills up his car

IEA Sees Oil Glut Enduring in 2016 After Reaching 17-Year High

12/08/2015(0)
The global oil glut will last through next year as surging demand and faltering supply growth fail to clear the surplus, according to the International Energy Agency. Record inventories ... Read More
oil-well

The Availability and Price of Petroleum and Petroleum Products Produced in Countries Other Than Iran

12/08/2015(0)
June – July 2015 Update The U.S. Energy Information Administration (EIA) estimates that global oil inventories grew by an average of 2.5 million barrels per day (b/d) in June ... Read More
factory petro-hemicals

Oil price slumps to lowest level in more than 6 years

12/08/2015(0)
The price of U.S. crude oil has tumbled to its lowest level in more than six years. Benchmark U.S. crude fell $1.88, or 4 percent, to settle at $43.08 ... 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
oil-well

Oil to hit low $30s by the end of 2015: Kilduff

31/07/2015(0)
The prospect of oil prices falling below $40 receded earlier this year amid a crude rally, but with futures sliding again, investors shouldn’t rule out a three-handle, Again Capital ... Read More
Broker Cyprus TopFX