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OPEC

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
factory petro-hemicals

Oil Prices Fall to Fresh Lows

13/01/2015(0)
Global Benchmark Brent Is 17% Lower for the Year The global oil benchmark settled below $50 a barrel for the first time in nearly six years Monday after Goldman ... Read More
Oil_well

Oil prices extend falls; Goldman Sachs slashes price forecasts

12/01/2015(0)
Global oil prices extended their slide on Monday as Goldman Sachs lowered its short-term price outlook, while refineries in Ohio and Pennsylvania were hit by fires over the weekend, ... Read More
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How OPEC Weaponized the Price of Oil Against U.S. Drillers

09/01/2015(0)
If there ever was doubt about the strategy of the Organization of Petroleum Exporting Countries, its wealthiest members are putting that issue to rest. Representatives of Saudi Arabia, the ... Read More
oil and gas platforms

Oil-Product Prices Fall as Supplies Climb

08/01/2015(0)
U.S. Inventory Data Confirm the Market Is Still Oversupplied Prices at the gas pump are heading even lower. Gasoline futures fell to nearly a six-year low on Wednesday after ... Read More
Brent Crude Oil

Canada and Saudi oil set for refinery showdown

08/01/2015(0)
As a test of wills between OPEC nations and US shale drillers fuels a global oil market slump, a brewing battle between Canadian and Saudi Arabia heavy crudes for ... Read More
oil platform

Oil prices hit fresh lows, no end in sight to slump

07/01/2015(0)
Oil prices hit fresh five-and-a-half-year lows on Wednesday as global business growth slowed to its weakest level in a year and analysts said a building supply glut meant that ... Read More
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Euro Extends Slide on ECB Outlook; Asian Stocks, Oil Slip

05/01/2015(0)
The euro weakened to an almost nine-year low and Asian stocks fell amid concern Greece will exit the European currency union. Oil slumped to its lowest level since 2009, while silver ... Read More
Brent Crude Oil

Oil moves higher to trim year-end losses

02/01/2015(0)
New York-traded crude-oil futures managed to recoup some losses in electronic trade early Friday, though rival Brent North Sea crude saw only a modest gain. Benchmark West Texas Intermediate ... Read More
North Sea Oil Rig

Crude oil, one of the worst investment of 2014

30/12/2014(0)
Opec’s refusal to cut production sent the price of oil down below $60 a barrel Performance in 2014: -45.1% What happened? After hitting a peak of around $115.71 on ... Read More
Broker Cyprus TopFX