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oil

petrobras

Brazil’s Galvao goes bust following Petrobras scandal

27/03/2015(0)
One of Brazil’s biggest engineering companies, Galvao Engenharia, has filed for bankruptcy protection in the wake of the Petrobras scandal. The state-run oil company has cut off payments to ... Read More
european-stocks

Europe shares higher; Tullow Oil up 4%

20/03/2015(0)
European equities edged higher in the last trading session of the week, as investors reacted to individual stocks news amid hopes of further accommodative policy by global central banks. ... Read More
oil platform in sea

OPEC to keep production steady as oil rally falters

19/03/2015(0)
The Organization of Petroleum Exporting Countries (OPEC) has ‘no choice’ but to maintain its current production level of 30 million barrels per day, according to Kuwait’s oil minister Ali ... Read More
UAE stock market

Gulf Markets Drop As U.S. Oil Hits 6-Year Low

19/03/2015(0)
Stock markets across the Gulf fell sharply on Wednesday after U.S. crude futures dropped to a fresh six-year low and Brent oil also edged down. U.S. oil futures dropped ... Read More
dollar_market

Investors Waiting for Consumer Profits to Match Share Price Hype

18/03/2015(0)
  The plunge in oil that drained energy shares was also supposed to boost disposable income for consumers. Companies from automakers to retailers are still waiting to see that ... Read More
Iran-nuclear-deal----Pesian-Gulf-coast

Iran’s nuclear deal could open oil flood

17/03/2015(0)
Iran, the U.S. and its allies are pushing ahead with talks over a nuclear deal that would change many things — perhaps none faster than the price of oil. ... Read More
OPEC logo

China and Middle East will drive oil demand: OPEC

16/03/2015(0)
Almost half of this year’s oil demand growth is likely to come from China and the Middle East, the Organization of the Petroleum Exporting Countries (OPEC) said Monday. In ... Read More
Oil_well

Saudis’ Oil Price War Is Paying Off

27/02/2015(0)
Three months after Saudi Arabia made clear it was going to let oil prices keep tumbling, the strategy is showing signs of working. U.S. drillers are idling rigs at ... Read More
wall-street

Asian stocks higher on earnings, China factory

26/02/2015(0)
Asian stocks were mostly higher Thursday on upbeat corporate earnings and rising Chinese factory output after the chairwoman of the U.S. Federal Reserve said it will be patient about ... Read More
petrobras

Former Petrobras CEO Weighs In on Corruption Probe

12/02/2015(0)
Gabrielli Says He Feels Like ‘David Fighting Goliath,’ Denies Any Wrongdoing José Sergio Gabrielli, the former chief executive of Petróleo Brasileiro SA, presided over one of the brightest periods in the ... Read More
Broker Cyprus TopFX