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Oil Prices

Reserve Bank of New Zealand

Statement of Reserve Bank of New Zealand on Official Cash Rate

29/01/2015(0)
With a statement issued today, the Reserve Bank of New Zealand released that left the Official Cash Rate unchanged at 3.5 percent. Trading partner growth in 2015 is expected ... Read More
Bank of Korea -building and flag

Why Korea’s Central Bank Thinks It Won’t Catch Japan’s Deflation

28/01/2015(0)
Households surveyed by the Korean central bank expect consumer price gains of 2.6 percent in the next 12 months. Deflation in South Korea is a looming threat, according to ... Read More
OPEC logo

OPEC’s El-Badri Says $200 Oil Possible With Lack of Spending

26/01/2015(0)
OPEC’s secretary-general said oil prices as high as $200 a barrel are possible if producers fail to invest in new supply. Crude futures pared losses in London and New York. “If you ... Read More
factory petro-hemicals

Oil jumps as Saudi king’s death feeds market uncertainty

23/01/2015(0)
Oil prices jumped in Asian trading on Friday as news of the death of Saudi Arabia’s King Abdullah added to uncertainty in energy markets already facing some of the ... Read More
Russian-Flag

Russia Abandons PetroDollar By Opening Reserve Fund

16/01/2015(0)
2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. ... Read More
asian-shares-japan

Asia shares rise after commodities rebound, dollar regains ground

15/01/2015(0)
Spreadbetters see higher open for European bourses RBI surprises with rate cut, Indian stocks rally Mood over risk assets still subdued after weak U.S. data Dollar gains some respite ... Read More
market-onestopbrokers

Markets mixed as oil slide continues

14/01/2015(0)
World markets were mixed on Tuesday as oil continued falling. US stock market started the trading session with a rally but the early gains were reversed by midday and ... Read More
oil pipes

OPEC vs. U.S.: Who will blink first on oil?

14/01/2015(0)
The Merriam-Webster dictionary offers this definition for the word capitulate: “to stop fighting an enemy or opponent; to admit that an enemy or opponent has won.” I’m not sure ... Read More
oil platform in sea

Oil prices extend slide in commodities sell-off

14/01/2015(0)
Oil prices fell more than 1 percent on Wednesday after touching their lowest in nearly six years the previous session, extending losses alongside a sell-off in other commodities. Commodities came under ... Read More
oil platform

Oil Prices Explained by Economics

13/01/2015(0)
The oil industry, with its history of booms and busts, appears to be in the early stages of its latest downturn. The price of oil has plunged in recent ... Read More
Broker Cyprus TopFX