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OPEC

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What will Opec do about the oil supply?

03/06/2015(0)
With oil prices down some 40% in a year, the oil ministers of the Organization of the Petroleum Exporting Countries (Opec) are once again getting together in Vienna this ... Read More
oil-pipes

Expect The Recent Oil Rally To End Badly If OPEC Doesn’t Cut

02/06/2015(0)
The U.S. rig count dropped by 10 rigs this week after only falling by 3 last week. No doubt some analysts will say that this increase is somehow important ... Read More
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OPEC Struggling To Keep Up The Pace In Oil Price War

21/05/2015(0)
Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil ... Read More
oil well

Oil price to reach $80 by 2017 – Iranian oil minister

19/05/2015(0)
Iran hopes its crude oil exports will be back to the pre-sanctions level of 2.5 million barrels per day (bpd) and the oil price to rise to around $80 ... Read More
Oil_well

Hedge Funds Lose Faith in Oil Rally as OPEC Seen Boosting Supply

18/05/2015(0)
Speculators are losing faith in the oil rally, judging that OPEC will keep increasing supply from the highest level since 2012. Their net-long position in West Texas Intermediate crude ... Read More
Asian-Market

Asia shares rise before China data, more stimulus seen

13/05/2015(0)
Asian shares firmed on Wednesday, shrugging off weakness on Wall Street as investors bet that a batch of economic data from China due later in the day would bolster ... Read More
oil-well

Crude-Oil Bulls Threatened as Shale Patch Revives Drilling Plans

11/05/2015(0)
The rally in crude oil is reviving the U.S. shale boom, threatening speculators who are the most bullish on prices since July. Money managers increased their net-long position in ... Read More
oil-well

Oil Holds Below $60 as China Manufacturing Shows Slowing Demand

04/05/2015(0)
Oil held below $60 in New York as a Chinese manufacturing gauge weakened in April, signaling fuel demand is slowing in the world’s biggest energy consumer. Futures in New ... Read More
oil

Brent crude hits 2015 highs as U.S. production slows

16/04/2015(0)
Brent crude oil hit 2015 highs above $63 per barrel on Thursday after a rally of more than 5 percent the previous session and analysts said more price rises were likely ... Read More
oil

OPEC Going Broke, Dumping Dollars. Is That Good Or Bad?

15/04/2015(0)
When oil prices fell out of bed last winter there was much hand-wringing over the fate of the former beneficiaries of high-priced crude. Trillions of dollars of junk bonds ... Read More
Broker Cyprus TopFX