Russia

A pumpjack drills for oil in the Monterey Shale

Oil prices fall over doubts of planned crude output cut

28/11/2016(0)
Oil prices fell on Monday, adding to Friday’s steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday ... Read More
ikea-russia

Western firms invest billions in Russia as economy returns to growth

24/11/2016(0)
A number of large Western corporations are increasing investment in Russia, with the country’s economy recovering from its deep decline, according to Bloomberg. Global retailers like Sweden’s IKEA and ... Read More
An employee holds a gas pump at a petrol station in Sao Paulo

Oil prices static on uncertainty over planned production cut

24/11/2016(0)
Oil prices were little changed on Thursday as uncertainty ahead of a planned OPEC-led crude production cut and thin liquidity due to the U.S. Thanksgiving holiday kept traders from ... Read More
us-america-flag

Robot lawyer Visabot is available in beta on Facebook Messenger

17/11/2016(0)
Visa lawyer bot pledges to ‘help immigrants make America great again’ A bot that helps people complete visa applications to enter the United States has launched in the aftermath ... Read More
Brent Crude Oil

Oil prices pull back after another jump in U.S. supply

17/11/2016(0)
Oil futures were lower in Asian trade Thursday after weekly data showed another large increase in U.S. inventories of crude. On the New York Mercantile Exchange, light, sweet crude ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices extend rally, shrug off U.S. stock build

16/11/2016(0)
Oil futures rose on Wednesday, shrugging off an industry report that showed an unexpected build in U.S. crude stocks, and adding to gains of nearly 6 percent from the ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices steady after five days of declines, but sentiment bearish

04/11/2016(0)
Oil prices edged up on Friday, stabilizing after five straight days of falls, although a surge in U.S. crude inventories and doubts over the ability of producers to coordinate ... 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

Crude prices push further below $50 on rising U.S. inventories, OPEC fears

26/10/2016(0)
Oil prices were depressed in early Asian trade Wednesday, dragged lower by a sharp growth in the U.S. crude inventories and rising prospects that a production cut deal proposed ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil rises on reported US crude inventory draw, expected OPEC cut

19/10/2016(0)
Oil prices rose early on Wednesday, pushed up by a report of a fall in U.S. crude inventories and an OPEC statement saying a planned production cut was achievable, ... Read More
oil-refinery

Russia enter India’s Oil market with a $13 billion deal

18/10/2016(0)
The $13 billion sale of India’s Essar Oil to Russia’s Rosneft and other investors, gives Russia access to the most promising and fastest growing market. The deal also challenges ... Read More
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