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oil

theworldbank

World Bank is forecasting Industrial Commodities Prices to Surge in 2017

02/02/2017(0)
The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017, due to tightening supply and strengthening demand. In its January 2017 Commodity ... Read More
A fuel tanker navigates near Cienfuegos Oil Refinery southeast of Havana

Oil prices dip as rising U.S. supplies offset OPEC cuts

01/02/2017(0)
Oil dipped on Wednesday, weighed down by ongoing high supplies despite an OPEC-led production cut, but prices remained within a narrow trading band that has been in place since ... Read More
Passersby walk past in front of electronic boards showing Japan's Nikkei share average, the Japanese yen's exchange rate against the U.S. dollar, British pound and Euro outside a brokerage in Tokyo, Japan

Dollar Hits 12-Week Low on Trump, Nikkei to Slide: Markets Wrap

01/02/2017(0)
Dollar strengthens after falling Tuesday on Trump comments Japan shares erase early losses while Hong Kong stocks slump Asian stocks were mostly higher while the dollar stabilized after its ... Read More
High-gas-prices

Oil prices fall as rising U.S. output offsets OPEC-led cuts

31/01/2017(0)
Oil prices fell on Tuesday as rising U.S. drilling activity offset efforts by OPEC and other producers to cut output in a move to prop up the market. Brent ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil extends declines on rising U.S. output

30/01/2017(0)
Oil prices extended declines on Monday, dragged down by signs of growing output in the United States that could partly offset output cuts by OPEC and other producers. Uncertainty ... Read More
asia stocks

Dollar Slips After Trump Move, Asia Stocks Decline: Markets Wrap

30/01/2017(0)
Yen gains with gold; many Asia markets shut for Lunar New Year Global criticism of Trump’s ban is building across globe The dollar declined with Asian stocks as traders ... Read More
A worker checks the valves at Al-Sheiba oil refinery in Basra

Oil eases on rising U.S. inventory, market looks to EIA data

25/01/2017(0)
Oil edged lower on Wednesday as expectations of an increase in U.S. inventories weighed on the market, offsetting bullish momentum from output cuts announced by OPEC and other producers. ... Read More
china_stocks

China’s economy grows 6.7% in 2016

20/01/2017(0)
China’s economy grew by 6.7 per cent in 2016, compared with 6.9 per cent a year earlier, according to official data, marking its slowest growth since 1990. The figure ... Read More
ship oil

Oil prices rise amid weaker dollar, optimism over market tightening

20/01/2017(0)
Crude futures gained traction on Friday, driven by a weaker U.S. dollar and signs of the market tightening after major oil producers agreed to cut output. On the New ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

$25 trillion investment needed to meet future oil demand

18/01/2017(0)
The world needs to invest $25 trillion in new oil-producing capacity over the next 25 years to meet growing demand, Saudi Aramco’s chief executive Amin Nasser said at the ... Read More
Broker Cyprus TopFX